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Old 03-26-2009   #2
sarettah
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Join Date: Oct 2002
Location: Lost in the ozone
Posts: 10,318
Default Re: How to Blow Your Credit Limit -- Without Spending

I have had one dormant account closed on me and one active account closed on me. The active account was one where they shut down the entire program that the card was from (or at least that's what the letter said). I also saw one limit reduced substantially but nothing that caused any charges.

I used to play close to the line on my credit but had really gotten myself into a good position prior to last September when they started yelling the sky is falling.

When they announced that we were gonna be back to the great depression all of our Jewelry sales stopped dead. It started to come back slowly in October and November but our 4th quarter sales were dismal.

Because of that, at a time when we should have been putting money away we started having to pull it out to keep the company afloat. Managed to keep everything up to date thus far but it is, at this point, day to day.

Bottom line is we have started having to hit the credit lines pretty hard as of late because we have a bunch more going out than coming in.

Trying to come up with new ways to get more coming in at this point is a definite challenge

Anybody want to buy some Jewelry ? I give you good deal.
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