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To: Poison Pill; Alter Kaker

AMEX is more than just credit cards sillies.

BUT...every lender right now is cutting credit lines and customer LOC they think might be risky.

My Pillow is one of them for sure. With nobody carrying his product line anymore...well...


9 posted on 09/30/2023 9:33:50 AM PDT by EBH (America Blackmailed, The True Story of the World War...Coming Soon (1/21-))
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To: EBH

Walmart was the kill shot. The CEO is a leftist a hole. He dumped the entire product line despite strong sales


16 posted on 09/30/2023 9:49:21 AM PDT by gibsonguy (O)
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To: EBH

AMEX is a back stabbing company. In Africa, most places where you present an AMEX card, you may get your lights punched out.


27 posted on 09/30/2023 10:10:36 AM PDT by chopperk
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To: EBH
Mark Twain — 'A banker is a fellow who lends you his umbrella when the sun is shining, but wants it back the minute it begins to rain.'

I had a boss who said that as soon as you get a business line of credit, take the money you can and put it in other banks' checking accounts because banks have a horrible record of cancelling the line of credit right when you need it for production. Some will even see you ramping up, cancel the LOC according to their terms and then "allow" you to negotiate for a new one a few percentage points higher. He was not a fan of banks.

47 posted on 09/30/2023 10:59:08 AM PDT by KarlInOhio (Democrats' version of MAGA: Making America the Gulag Archipelago )
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