Shortly after Chase bought two of my credit card accounts, closed them and skyrocketed the interest rate on one I thought Bank of America would be my saving grace in terms of Banks To Do Business With. Hell, I have two credit cards and a mortgage with them as well as Checking, Savings and Student Loans - surely they will realize the value of my business and won't give me the shaft.
Enter: now. With my new job and (finally!) increased income I'm ready to really begin paying off my credit cards - my focus in particular is to improve my credit/debt ratio to bump my credit score up. So I put 800.00 towards my Bank of America card and LO and FUCKING behold..
I check my balance today and they've REDUCED my credit limit by that 800.00. I have, in effect, made no change to my credit/debt ratio because Bank of America decided to reduce the credit limit I have had for 5 years and have paid on time, every time.
So. The time has come to move to another bank. Preferably a smaller one - probably a credit union, in fact. Maybe then I will find some sort of CUSTOMER SERVICE.
Until then, I will work to get completely OUT of debt. I haven't used a credit card in almost a year - I've proven I can live without credit lines completely. That's my strategy for the future - regardless of what happens economically, if I don't owe anyone anything, no one has any power over me.
2 comments:
Haven't used a credit card in 10 years, I am so happy
grrrrr bank of america is TERRRRRRRIBLE. long time no me read blogs!!! hope you're well!
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