Quote Originally Posted by longboardjim View Post
I don't keep any balances on my cards and found it amusing the smaller cards good for 4 and 6 thousand were reduced to $700.00 and $900.00 , I guess that could still get me a room and a rent a car. ( interpreted: single occupancy best western and ted's rent-a-wreck! )
I guess it's time for me to start carrying cash again.

jim
Mom basically uses her for 'emergency' purposes and that is it, one card she has had since the 80's as i said and the balance got cut down from almost 25k to a little under 8k.

Its not so bad for her because she doesnt do much CC spending but i couldnt imagine someone who relied heavily on their credit cards losing over 50% of their credit line, that would put them in significant financial difficulty i would imagine.

Regards,

Lee