WHY AMERICAN EXPRESS LOWERED MY CARD'S LIMIT EVEN THOUGH I HAVE A CREDIT SCORE OF 836 — AND WHAT I COULD HAVE DONE TO AVOID IT

Crystal Cox/Business Insider   I recently received a letter from American Express telling me that it reduced the credit limit on one of my cards because there hadn't been much activity on my account over the last year. A lowered credit limit can have a negative impact on your credit utilization ratio, which accounts for 30% of your credit score.  Credit Card companies may lower credit limits if you haven't used your card for a whi...

BusinessInsider (Date:05/20/2020 22:21) Read full article >>

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American Express PhotoAmerican Express: American Express Company , also known as AmEx, is an American multinational financial services corporation headquartered in Three World Financial Center, Manhattan, New York City, New York, United States. Founded in 1850, it is one of the 30 components of the Dow Jones Industrial Average. The compan
- American Express Wikipedia
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