Have several credit card accounts that were once through Washington Mutual, and after the great govermental bait and switch or better known as the TARP program, the bigger banks swallowed up the little banks, and Chase took over Washington Mutual.
All of my limits were the same and I have never missed any payments to any account. Yesterday I was checking my account balance concerning available credit, and as I had my March statement in hand, my limit was still $6000.00 minus my balance of $2,477.00 approximate. My phone call informed me, that I had an open available of about $532.00, of which after a long talk with the crooks that work with the people calling in, that $3,000.00 had been dropped, due to my overall indeptiness concerning my credit report!
This is not my first encounter with the credit card thieves that drop, or elimiate credit limits at their discression, but usually it is for accounts that lie dormat and not being used.
I could bearly stand the increase in all terms and conditions that the credit card industry has imposed upon the American public in lieu of the banks and Wall Street creating this huge mess that has decimated this once great nation. But now as America is bleeding out like a giant harponed whale on some beach and the credit card companies are circlying like blood thirsty vultures waiting to come in for the final kill.
They (the credit card companies) are closing the valve of the American peoples' credit lines, as they are all now dedicated to giving all of the credit to China with its booming economy, as ours again is dying!
They shall be the creators of their own doom, and it can't happen fast enough!
I would urge all those who can, check into filling bankruptcy and wash all of these greedy bastards from *** back to where they originated from! Lets face it, as the economy will probably not come back in our life time, we will not be buying another house nor should anyone be buying a car, so to *** with the credit that we all try so hard to protect and then are screwed by the credit card companies for always making our payments on time, and then treated like a used rubber by those like Chase!
Product or Service Mentioned: Chase Bank Checking Account.