Complaint / Review
American Express
Credit Limit Reduced Without Notice After Over 10 Years Never Late

American Express without notice reduced credit limit never been late 10 years this also affects FICO/credit score by showing limit available credit it is a catch 22 wrongly done. I understand in this economy a business has to examine and reduce risk but not at the cost of wrecking good customers. Congress should act on these actions of the credit card companies. They are reducing credit limits and increasing APRs to variables. Fine repayment for good customers thanks a lot. Folks are having to reevaluate this economy. Everyone who reads this should take the time to write the credit card companies personally lots lots of mail. Also write your local congress person lots lots of mail