Got my new Chase CC bill

[frogger]

Have had a Chase CC for 10+ years. Got me one of the 2.9% cash advances last year and have been paying it on time every month without fail, in order to keep the money at 2.9% and not the default rate.

CC limit has been 25K for these 10+ years, now has been dropped to $100.00 over the balance now due.

I'm not late on any of my payments (yet) to anyone, including all the CC companies. The reins are getting tighter and tighter...

Won't be too much longer and they can have the debt back.

[relief13035]

Won't be too much longer and they can have the debt back.

Yes that is happening everywhere. Hand the balance back to them and SMILE!

[frogger]

Yes that is happening everywhere. Hand the balance back to them and SMILE!

I'm smiling inside already.

I saw an article on BOA a few days ago that stated that 10+ % of their CC balances were bad and more was coming.

For years, the CC companies have been hosing the consumer. They are going to get a big taste of that hose themselves in the next few years.

[mamaluv]

BoA did that too me as well. I did a BT-the day after they processed my BT, they dropped my CL too $100 above my balance. When my statement closed for that month the finance charges put me over the limit, so I'm getting overlimit fees etc. At that point I let it go and haven't paid on it since. Just filed on Friday so take that BOA! I just put you at 11%!