No pre-set spending limit?
Date: Mon, 12/08/2008 - 09:38
Can someone explain to me, in plain old fashioned English that I can understand, what in the heck "no pre-set spending limit" means?
The main reason I am asking is I have a card with it, and when I called the bank to find out why, on my credit report, it is showing as a "$0" credit limit, they explained that if you have a "no pre-set spending limit" card, the limit never shows? Is that true, and does it make sense? Does it hurt my Credit Scored at all?
The main reason I am asking is I have a card with it, and when I called the bank to find out why, on my credit report, it is showing as a "$0" credit limit, they explained that if you have a "no pre-set spending limit" card, the limit never shows? Is that true, and does it make sense? Does it hurt my Credit Scored at all?
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AMEX has that,but it also means that it won't help your credit if you exhibit responsible payment.however they can and will report deliquencies.i don't recommend this kind of card or type of credit.
is there any way to change that card, it is my only card that ge
is there any way to change that card, it is my only card that gets me miles
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we are talking amex right?they used to offer an OPTIMA card that was revolving credit,but you had to have the regular card in good standing.i don't know of any other option for that.
yes, it's AMEX. Okay thanks, I'll give them a call and see what
yes, it's AMEX. Okay thanks, I'll give them a call and see what they say