Credit limits

Apparently I don’t charge enough on my credit card because I got a letter from Bank of America yesterday saying they were cutting the credit limit on one of my cards by half after reviewing my past credit balance history. Including my other credit card, my effective credit limit is now down about 1/3 from where it was before.

And to further wring money out of their customers in the form of fees, another letter came in today to tell me the fees from cash advances and balance transfers and fees for international transactions were going up as well.


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