“Out of the blue last month they dropped ALL our credit lines down to 1500 dollars. No warnings nothing. Just did it.”
So now you don’t have any access at all? And do you have to pay down to the $1500 limit?
I’m just curious.
The one account which is payment option account is at the same rate of interest (very low) but we are well above the Credit Limit. We will pay it off in a few weeks when we finish a large job.
The other accounts we just quit using being they are useless with such a low limit. (hell at that limit it would barely pay the shipping charges on the semi-loads we get for big jobs.)
We just started using our Business Mastercard in place of it. It has amuch higher limit but we don't get as many perks with it. (Many of the purchases with AMEX we got bonus stuff or cashback)