I don't know ....but maybe Chase is in more trouble than my friend....(just the heads up!!!)The Crash is here
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Brad Brady
- Posts: 745
- Joined: Fri Feb 29, 2008 2:54 am
The Crash is here
A buddy of mine walked into the shop today and showed me three letters he got from Chase Bank...one for a BP credit card he doesn't use.....dropping him because his credit is over what they think he can pay....(balance -0)..... and The other two lowering his credit limit to what he owes. I don't know ....but maybe Chase is in more trouble than my friend....(just the heads up!!!)
I don't know ....but maybe Chase is in more trouble than my friend....(just the heads up!!!)-
GAHorn
- Posts: 21292
- Joined: Fri Apr 12, 2002 8:45 pm
Re: The Crash is here
He may be carrying high revolving balances relative to his stated income. This relationship is watched by card companies even in good times.
'53 B-model N146YS SN:25713
50th Anniversary of Flight Model. Winner-Best Original 170B, 100th Anniversary of Flight Convention.
An originality nut (mostly) for the right reasons.
50th Anniversary of Flight Model. Winner-Best Original 170B, 100th Anniversary of Flight Convention.
An originality nut (mostly) for the right reasons.
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Brad Brady
- Posts: 745
- Joined: Fri Feb 29, 2008 2:54 am
Re: The Crash is here
I understand that George.....but last month both cards were increased (according to him) and this month he is looking to do no better than pay his cards off......which according to him isn't a problem.....but he is looking to other banks......gahorn wrote:He may be carrying high revolving balances relative to his stated income. This relationship is watched by card companies even in good times.
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