CREDIT CARD COMPANIES BEGIN TIGHTENING THE SCREWS AND CHANGING LIMITS ON AN INDIVIDUAL BASIS-CENSORING YOUR PURCHASES
Steve- This morning, 3/21/16, I received notification that the conditions
of my Chase Visa credit card agreement changed effective March 18: From JP
Morgan Chase & Co. states the following: We will assign a credit access
line to your account, and post it on your monthly billing statement. We may
cancel, change or restrict your credit availability at any time. Each
transaction is considered for approval on an individual basis, including
those above the credit access line. We may not approve all transactions.
In essence: My credit limit is now a credit ACCESS line which is now
subject to their approval/monitoring/CONTROLLING of any/all of my
purchases, donations, or uses of their credit access line.
I now have to be prepared to have backup means in case they decide to
reject my request. It apparently does not matter that you can pay for the
purchase, but whether or not they want you to have it.
I pay my bills. I am never nor have I ever been late.
I do not go over my limit. Was wondering if this has happened to anyone
Controls are lining up. The squeeze is on. The Chip is next.
Thank you for all you do, I have been following your fruits for over a
decade. You are very much appreciated and lifted in prayer
Mar 21, 2016