Stupid credit cards.

[markymark46975]

My Providian Visa card just had it's credit line increased by $2,000.00. They didn't even ask me, they just did it. Why are earth would I need that much credit?

Comments

[bauske]

They never ask. They just do it. My Wal-Mart one has a huge credit limit on it now that scares me.

[markymark46975]

I wouldn't really care, but it knocked my credit score down 24 points! Which pisses me off, since I'm the only 20-something I know that actively tracks my credit score on a monthly basis.

[bauske]

Raising the credit limit knocks down the credit score? o_o

How the hell does that make sense?

[ccroft]

If it's for the same reason two of my credit card companies increased my limit from £400 to £800 without asking in the New Year, it's so you can max them out and then bugger off to a foreign country for the rest of your life and not worry about paying back a single penny!

... oh wait, did I say that out loud? O:-)