BoA $7000 CL reduction

[AndySoCal]

Singulardedication,

Edited: I had suggested looking into Discover Motiva as a product change. On  second thought, I would just continue the course you are one the product change might affect your interest rate amonst other things.

[Ron1]

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@AndySoCal wrote:

Ron1,

Only the cobranded cards are involved in the sale to US Bank.

All,

The credit card companies are watching the utilzation usage on credit cards more closely than they used too.  What seems to be setting a red flag to the credit card issuer is  high utilization over prolonged period of time. Often times but not all this does not end well for either conusmer or for the creditor.  The bad ending is the BK 7 scenerio and  in some cases it does not take much for this to happen.  The OP is on right course just keep the balances going down on all the cards.

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I think they will sell all the card business to both US Bank and FNBO. It doesn't matter I don't miss much.

Ron.

[Ron1]

You don't ask for anything when you carry a high balance. He should have asked for anything. I hate talking to credit analyst and you get grilled. I don't need that kind of treatment. I pay for the salary by using the card.

Ron.