Dear Chase, you suck! (and other news)

July 20, 2009

in credit,links

chase
Creative Commons License photo credit: TheTruthAbout

Remember how much I love Chase? They’re at it again! Chase sent a letter today stating they are reducing our balance by $700. This dumb move will make our credit utilization 90% of the card.

The reason why? Because we charged too much too fast. Um, huh? We haven’t charged anything on that account in eons, and while we did charge some expenses for our recent trip, we paid them off pretty quickly.links,

I suppose it’s their way of punishing us for not using our card.

They’ve moved to the top of my kill the debt list. I just can’t stand the way they run their business.

In other news, check out the recent Carnival of Pecuniary Delights over at Wisebread. If you aren’t reading Wisebread, you should. They have one of the best looking, well-written and interesting personal fiance sites on the web. I was honored to have my Fraud Alert! post included in the carnival.

Winners of the Feed the Pig Giveaway will be announced this evening, and I’ll send you an email. I’m extending the entry time to tonight at 7pm EST! To enter, write a comment, tweet or become a fan of The Centsible Life on Facebook!

Kelly

© 2009, Whalen Media LLC. All rights reserved. To repost or publish, please email Kelly.

About Kelly


Kelly Whalen is the founder of The Centsible Life, a blog where motherhood and money meet. Her goal is to help readers live well on less. Kelly is a mom to 4, and loves that she can stay at home with her kids, and still pursue her passions for writing, personal finance, and social media. You can often find her on twitter and Facebook talking money and motherhood.

  • Silverlily

    Yes, same thing happened to me. I used the card for business expenses, and suddenly I got a letter in the mail in May stating that they are reducing my credit by $700.  Credit cards are a wicked business, financial vampires, seduce you and glamour you with promises and then bite you in the neck and try to drain you dry.
    I”m paying that one off real quick and then dumping them.

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