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GulfCoast66

(11,949 posts)

10. Thanks. I only have 3 cards. But had never added up my limit.

Reply to Yo_Mama_Been_Loggin (Original post)

Thu May 7, 2020, 12:11 AM

May 2020

Which I now realize is over 80K between all 3.

That kind of crazy if you think about it. Who can pay off that kind of Credit Card Debt monthly?

Although thinking about it, after the hurricane here a couple of years ago I paid for a new roof on a credit card. Earned lots of travel miles and paid it off with the money the insurance company gave me plus the cost that was on me.

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Credit card issuers start to lower cardholder limits [View all] Yo_Mama_Been_Loggin May 2020 OP

Ouch. K&R for visibility. crickets May 2020 #1

That will hurt the credit rating of those affected. roamer65 May 2020 #2

The two most important paragraphs of that article: Totally Tunsie May 2020 #3

There was another article posted that more people were using debit cards these days and less credit JI7 May 2020 #4

Debit cards are OK for the short term, but work only when there's money in the account. Totally Tunsie May 2020 #7

Thanks for posting this information. I hadn't seen it elsewhere. Totally Tunsie May 2020 #5

If you read the reviews about Discover, you'll see that R B Garr May 2020 #6

Really? I've been a Discover cardholder for exactly 30 years this month. Totally Tunsie May 2020 #8

If you Google the reviews, you will see boatloads R B Garr May 2020 #11

So much for opening the economy again. Yavin4 May 2020 #9

Thanks. I only have 3 cards. But had never added up my limit. GulfCoast66 May 2020 #10

Mine is encouraging me to use it spinbaby May 2020 #12