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Lowered Credit Limit?

If you buy merchandise on AMEX or other CC

   
1:53 pm on Nov 1, 2008 (gmt 0)

10+ Year Member



Has anyone been hit with a decreased limit on their charge card that is used for buying merchandise due to the tightening of credit standards? If so, what are you doing about it? How are you paying for merchandise?
5:32 pm on Nov 1, 2008 (gmt 0)

10+ Year Member



We have seen no changes yet.

It wouldn't shock me if we did, though we are still getting solicitations to take on new debt from lenders.