Oprano Adult Industry Forums - View Single Post - How to Blow Your Credit Limit -- Without Spending

Hell Puppy · 03-16-2009

So far only thing I've personally seen is a couple of long dormant cards cancelled due to non-use (we're talking haven't been used in at least 3 years, maybe longer). That makes sense to me as you reduce your exposure in the overall portfolio and get rid of an account that is making no money other than Amex I wont have a credit card that has a yearly fee.

I still have enormous lines of credit and available credit on my cards. But then I have 20 years of solid credit history, a house that's nearly paid for, strong credit rating, and I pay my bills and generally use credit correctly.

What you're seeing is the banks are now doing what they should've done all along. Before the pop there was so much money on the market that people were looking to put it in play and make those good returns and they were barely even checking peoples credit or ability to pay.

Now we're slowly adjusting back to where we should be.

03-16-2009	#3
Hell Puppy Fat Fucking Nobody Want to see your own Advertising Here! Join Date: Oct 2002 Posts: 6,523	Re: How to Blow Your Credit Limit -- Without Spending So far only thing I've personally seen is a couple of long dormant cards cancelled due to non-use (we're talking haven't been used in at least 3 years, maybe longer). That makes sense to me as you reduce your exposure in the overall portfolio and get rid of an account that is making no money other than Amex I wont have a credit card that has a yearly fee. I still have enormous lines of credit and available credit on my cards. But then I have 20 years of solid credit history, a house that's nearly paid for, strong credit rating, and I pay my bills and generally use credit correctly. What you're seeing is the banks are now doing what they should've done all along. Before the pop there was so much money on the market that people were looking to put it in play and make those good returns and they were barely even checking peoples credit or ability to pay. Now we're slowly adjusting back to where we should be.