Originally Posted by
AlohaDaveKennedy
The real killer in the credit game is sudden increases in velocity as when some decide to goldrush an opportunity fearing its sudden death. A quick, large uptake in credit consumption mimics a well-known risk scenario whereby someone in financial trouble runs up all their credit and then walks off. As such, a response to seeing this pattern may have coded into the card issuers automated internal controls.
makes sense, perceived sustainability (each to their own) is the name of the game. I know I am going to double down on breadth across cards rather than depth on one card.
and ramp it up gradually, as you said, it is the fear of sudden death that makes people disillusioned.