[A_perfect_lady]

I had a line of credit with BOA and when I got into financial trouble, about 2.5 years ago, I tried to take out some cash (my balance was only 50% of the limit) only to find that they had seen I was in trouble by my late payment to another, different bank, and had abruptly, without warning, lowered my limit to equal my balance. I was reeling because I had thought that money was there. It was a stern lessong for me on the difference between credit and a savings account. I am now paying them off at a rate 4 times the scheduled one, so that I can close that account and wash my hands of them forever. I also closed my savings & checking there and switched to Citibank which seems, at least so far, to be better.

[steve86]

only to find that they had seen I was in trouble by my late payment to another, different bank, and had abruptly, without warning, lowered my limit to equal my balance.

All banks do that after a late payment report. Many have reduced credit limits to the balance over the last few years for no reason at all. But I still hate BOA and all tools of the homosexual agenda.