CHESSNOID

Random Noid Musings

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Black American express declines Mark Cuban’s charge video

Black American express declines Mark Cuban’s charge video on Jay Leno show.
Funny how even a billionaire can get a small charge (for him) get declined by amex. These cards don’t even have a spending limit and yet they contradict themselves by not approving the card.
Here is an old post I want to share with [...]

Can credit card companies ruin your credit rating?

How is it possible for credit card companies to ruin your credit rating or lower your score?  It is actually quite easy for them especially in this sensitive economic environment.  All they have to do is lower your credit limit to your outstanding balance owed at you will become 100% of your credit line.  .
I [...]

Amex rates credit risk by where you live and shop

I have blogged about this numerous times on amex cutting my credit limits and cancelling my cards.  If it hasn’t happened to you, then it probably will soon.  The only reason you are here is that your account is probably in the current amex portfolio that was picked as a credit risk.  These are the [...]

Protect yourself in a recession and depression

Over 2 years ago I posted a blog titled Protect yourself from the current recession and coming depression. I was very pessimistic about the economy back then and felt the Bush administration’s experts screwed everything up. Then I read what the Obama’s administrations plan on spending money on a stimulus package and felt [...]