Buying Groceries Lowers My Limit

Still trying to make some sense out of this but my credit card company actually lowered my limit because i used it to buy groceries. At first I thought this was some kind of joke but after contacting customer support, and i use that term loosely, reality set in. Apparently the current economy has spooked the industry into avoiding high risk activities such as ***** clubs and grocers. Amazing how not long ago credit card companies were offering cards to college students. And even those who didn't want the card like Maube Later. And now that we are in a recession, these cowards come running to Capital Hill for a bailout. Can see why people avoided banks during the Great Depression!

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Dec 28, 2008