** by BOFA

Things have finally started to turn around financial wise. I recently got current with all my debts. I currently only have one Credit Card, BOFA. I'm carrying a balance of $14k @ 6%. My credit limit was $21k. Well today I went in to make a payment, I paid $4k cash. A couple hours later I call to see if they will raise my limit. Only reason is for emergencies and maybe help out the FICO. So after reviewing my credit they say we are reducing your credit limit to your current balance. WTF! My credit was in bad shape for 6 months after a job loss, and medical expenses. All the accounts are paid in full and/or settled! I have been a customer since 2003 no late payments, nothing. This was the card I wanted to keep in good shape for a backup/emergency scenario. Needless to say they have essentially screwed me big time. They said we just want to limit our risk because we see you have defaulted on another card and are in collections for medical bills. So.......I'm at a moral crossroads. I basically want to say FU let the account default for 150-180 days and setttle @ 20%. I just want my credit limit to what it was. I can make the payment without any problems, but they have really pissed me off. Should I ask them to reconsider and threaten them with not paying? Some insight would be great.