I recently was advised by American Express, a company whose credit cards I pay in full each and every month, and with whom I have been a paying "member" since 1981, that my credit card limit is being cut. I have become unworthy.
I took it personally until I realized I am but one of millions of card holders who are being dropped or cut back worldwide as the card pushers experience a higher default rate and millions max-out. American Express,...
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