Mogul of Pineapples
- Centurion Member
- Posts: 1271
- Joined: Sun Jun 01, 2008 11:32 pm
- Location: Smogland
I actually agree with Chase cutting the limits on the sub-prime credit cards they acquired from WaMu - no reason to give huge credit limits to someone that currently has bad credit. I doubt they would want to close the accounts out completely though because I bet they're good moneymakers for them. They probably just want to lessen the risk pool of total defaults.
Disclosure: I am a moderator/paid staff of this site, which does have advertising relationships with some credit cards that are discussed and linked to. Regardless, anything I say is my honest opinion.
Current Cards: American Express:
Blue Cash, Simply Cash Bank of America:
WorldPoints Platinum Plus Chase:
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MorePrimary Everyday Card: American Express Blue CashPrimary Travel Card: Chase Sapphire Preferred