FlyerTalk Forums - View Single Post - AMEX making unauthorized inquiries?
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Old May 14, 2008 | 11:19 am
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Savage25
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Originally Posted by ckiggins
They oftentimes use a drop in your credit score to invoke the universal default clause of your cardmember agreement - which allows them to raise your interest rates at will.
Is that all they do? I don't mind my interest rates being raised since I always pay off my balance, but I would hate for them to reduce my credit limit.
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