citibank and fidelity investments credit card companies cutting credit limit

[SirFletcherRedoun1]

The credit card companies seem to be reign in the amount to everyone and

sadly good customers who have the high score and keep the bills paid on time

will feel the crunch for as long as this credit crisis last .

[IBMeddling]

(Just my 2 cents in) I had a credit card with Bank of America.  I paid the entire ballance every month and I was never late yet, they cut my card off completely without notice. At first I was mad but now that I think about it - It was a blessing in disguise. Now the cash in my hand is my limit. Credit score means nothing if you never borrow money.

[Millarussianlady]

@IBMeddling you are right, of course, ideally, is the best do not have credit cards at all. But... credit score means a lot to me because i own a house and need to refinance it, I own a business and use business credit, if you need to buy a car you need good credit to get good percentage and such. so a ot of people use credit as one of the main advantages of american economy