Over limit protection

[Anonymous]

Has anyone received anything about over the limit protection for orchard. The secured card at that. They keep reminding me by emails and every time I log in. Avoid decline transactions it says, I think I'll pass. I just thought it was strange for a secured card. 

[john398]

I get that msg from Orchard too, I think its just a way for them to make money now that the new laws have gone into effect, they can charge you a fee for going over your limit

[Breakthecycle2]

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@john398 wrote:

I get that msg from Orchard too, I think its just a way for them to make money now that the new laws have gone into effect, they can charge you a fee for going over your limit

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Chase is also doing this.

[laz98]

yep, got it too.

[Pushto700]

Avoid this like the plague. It will kill you, and they can charge you excessive fees and increase your APR by going over, especially if you do not pay in a timely manner.

It appears innocent, put is a sneaky attack dog. I ignore it.

[john398]

That maybe true buut if you have an emergency and all your cards are at the limit it could help, just a little self discipline goes a long way

[score_building]

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@john398 wrote:

That maybe true buut if you have an emergency and all your cards are at the limit it could help, just a little self discipline goes a long way

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all cards maxed out doesn't = self discipline

[Pushto700]

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@score_building wrote:

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@john398 wrote:

That maybe true buut if you have an emergency and all your cards are at the limit it could help, just a little self discipline goes a long way

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all cards maxed out doesn't = self discipline

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Took the words right out of my mouth. This type of behavior leads oft to dependence, which in turn leads to default. Stay away from it. It's a trap.