If you’ve had your credit line reduced or cut off, you aren’t alone
Tuesday, September 30th, 2008Many of my friends and readers with good (720+) ficos have had calls or letters from their credit cards saying that $50gs that was available last night, is no longer. Banks are going after just about the entire market — top tier included — to get back a lot of the money they had on the [...]
The misleading notion
Tuesday, August 19th, 2008I’ve been saying this for years to friends that boast that they earn all these miles and go all these places. But if you put pen to paper, you realize that it’s all a very expensive hoax. Now, with the airlines even more stressed, this will get worse. [note - I carry the AA card, [...]
A worthless message
Friday, May 16th, 2008I received this email today from Vikram Pandit, new CEO of CITI. I’m sure millions of us CITI card holders did. What a worthless message. To think that his team, their team, and someone else’s team spent probably a corporate month (longer than a lunar month) to make this message. What does it mean? What [...]
