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To: cuban leaf
What they don’t get is that if you cap it, it means those high risk people simply won’t qualify for cards.

During the financial crisis, CC companies and banks cancelled many lines of credit. The same would happen again if this legislation were passed.

26 posted on 05/09/2019 11:21:16 AM PDT by EVO X
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To: EVO X

At the start of the financial crisis AMEX stopped their Business Line of Credit. Not just for me, but for everyone.

I ran a seasonal business and I used that card to get me through the low two months of the season.

My credit was fine. They were a crappy bank.

Now they offer me a Platinum card for $650 a year. I barely use the green card. I will never buy another product from them. Ever.


57 posted on 05/09/2019 11:53:33 AM PDT by Vermont Lt (If we get Medicare for all, will we have to show IDs for service?)
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