Re: Credit Limit Reductions - AMX, MBNA

Posted by observer (152.163.188.40) on March 21, 2003 at 10:18:46:

In Reply to: Credit Limit Reductions - AMX, MBNA posted by Terrass604 on March 21, 2003 at 09:39:21:

70% utilization is dangerous. The average consumer only uses 22% of credit available. As other creditors do A/R's they'll likely reach the same conclusion of Amex and MBNA.If you're depending on a credit limit as an emergency fund, you're not using credit wisely or responsibly.

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