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Thread: AE reducing credit limits?

  1. 04-26-2009, 12:58 AM #1
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    Default AE reducing credit limits?

    I'm not sure if this been talked about, but few days ago I recieve a letter from AE saying they reduced my credit limit because of some BS reason.

    Has anyone got their credit reduce?

    Its not like I got a bad credit score, I wonder if this is things to come.
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  2. 04-26-2009, 01:09 AM #2
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    Hmm they just increased mine.
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  3. 04-26-2009, 01:10 AM #3
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    i got increased as well

    edit: did you miss a payment or something?
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  4. 04-26-2009, 02:28 PM #4
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    I just had mine increased 2 months ago... Highest limit card I have.

    I rarely use it, and carry a small credit on the account.
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  5. 04-27-2009, 10:42 AM #5
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    Default Re: AE reducing credit limits?

    Originally posted by SilverRex
    Its not like I got a bad credit score
    "Not Bad" doesn't cut it anymore.

    If you're perceived as a risk, they'll close that risk down. Look on the bright side, a lot of people got the same treatment, even if payments were on time.
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  6. 04-28-2009, 09:03 PM #6
    ee2k
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    Amex cuts limits ...

    http://consumerist.com/5056487/ameri...-25000-to-1800
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