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Reply #3: Your observation is right on the money... [View All]

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virgdem Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-05 11:30 PM
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3. Your observation is right on the money...
I personally have not noticed any increases to my 4 cards with small limits, but I suspected that this would happen and it is NO ACCIDENT. I intend to ask my credit card company to put a freeze on the credit limits and not to raise them unless I personally ask for a raise in the limit. That lets me control what the limit is, not what they want to raise it to in order to tempt me to spend more than I want. This new BK bill should be a wake up call to everyone to reign in their Credit Card spending.
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