[delmarjohn]

A friend of mine had his credit line reduced from 12,000-6,000...his credit score average is 734..avg all three...and his debt percentage..is less than 10% of his credit lines....my son applied for a disney visa and was approved ,he has a credit score of 736 and was granted a wopping credit line of 640.00 dollars .....I urge others to post and maybe disney is listening ...and will either change card companies or try to influence chase or at least ask them what is going on...I myself have stopped using my disney visa ....because I hav eheard to many other similiar stories ...I have no confidence in their practices...I know this is a happy forum but I urge others to post their stories or others they have heard ...

[jo-jo]

I think it's really weird with the 640 bucks. We just got a card and it was 4950 credit line. What's with the odd numbers?



I have heard of credit lines being dropped out of the blue. My DD usually pays off her card (not disney visa) every month and they just got notice the interest was going up to 29%.

[bethishooked]

I don't believe Disney Visa should be singled out. With the economy, I would imagine every company is doing something to tighten up and get a little bit of a safety net going. It's just a sign of the times.

[leslieh]

I have heard of this type of credit reduction from various banks as well. I've got a Disney Visa myself, but have not received any notice of a reduction.

[DisneyTeacher]

We haven't had any changes to our Disney Visa but we did have a card we hadn't used in years canceled. I only kept it to up our credit score so it wasn't a big deal.

[sue299]

I have a disney card, I always pay the balance off each month, unless we do the disney trips and have the 6 months to pay off (then I pay the whole balance on the 5th month) I have a credit limit of 11,000 at 9.9% and DH has a card credit limit 10,500 9.24%

I had one card cancelled this past year because I hadn't used it for about 7 years. I don't have a balance on any credit cards. I pay the balance off each month if I do use them.

[smee57]

We also pay off the card every month and have had the card since 2004. We have a $21,700 limit with a 10.15% interest. I know I should pay a whole lot more attention to changes in the card but I don't because we have always paid the balance every month. I think the interest has gone up slightly in the last year, but not much. I think it was at 9% or something like that. Interesting that it's so variable among customers.

[Dawn]

Our story is about the same as everyone else's. $12000 limit, pay off every month. Do the people whose credit line was reduce use their card on a regular basis or for your son is this his first card? I am sure they can always ask for an increase in their credit line.

[delmarjohn]

he has several cards with 8,000 on 2 of them zero balance....onall doesn't carry it over...when he called chase he got some mumbo jumbo,that evreyone was getting letters ...who knows ...but my neigbhor is the most interesting 820 ..no balances raised interest rate from 7.99.....to 17.99...I know if no balance ..who cares but if you have an emergency for what ever raeson you are now stuck at that rate ...also if they close an account that you haven't used they are in effect reducing your credit score which others pick up on and use as excuse to change your terms ,,,,...but I live in ca maybe geography has something to do with it....but the fed passed new rules governing crdit card companies from some of these practices ....but if you can believe this they take AFFECT in july of 2010...if the practices are unfair why the grace period...well enough about this we are now officially 6 weeks away from our trip ...cannot wait....hooooraaaaa

[mairinmaureen]

With all this business with the bank bailouts, it makes me sick! Just another way to push around the American public...and their wallets!

[delmarjohn]

i see you are a POR fan we have been staying there for 19 years ....and we also are DVC members....the american public needs to wake up....before these guys ruin our kids futures irrevocably

[mairinmaureen]

Originally Posted by delmarjohn

i see you are a POR fan we have been staying there for 19 years ....and we also are DVC members....the american public needs to wake up....before these guys ruin our kids futures irrevocably

Yes, I absolutely love POR and have been thinking about buying in to DVC as well....probably in the next year or so!

No joke....isn't it funny that they don't ask us how we feel about the whole thing? I am so sick of Washington and the de-regulation driven economic slump!

[delmarjohn]

this is about jobs and income...which has been happening for about 10 years ,it was covered up and hidden by the real estate bubble....when that deck collapsed ....it all came home exporting jobs and industries and greed ...it will take sometime to fix ...but I am a disney fan I BELIEVE IN MAGIC

[delmarjohn]

6 weeks to the magic ...at least some well earned fun.....

[Dawn]

Originally Posted by delmarjohn

he has several cards with 8,000 on 2 of them zero balance....onall doesn't carry it over...when he called chase he got some mumbo jumbo,that evreyone was getting letters ...who knows ...but my neigbhor is the most interesting 820 ..no balances raised interest rate from 7.99.....to 17.99...I know if no balance ..who cares but if you have an emergency for what ever raeson you are now stuck at that rate ...also if they close an account that you haven't used they are in effect reducing your credit score which others pick up on and use as excuse to change your terms ,,,,...but I live in ca maybe geography has something to do with it....but the fed passed new rules governing crdit card companies from some of these practices ....but if you can believe this they take AFFECT in july of 2010...if the practices are unfair why the grace period...well enough about this we are now officially 6 weeks away from our trip ...cannot wait....hooooraaaaa

Yikes!!! I better check the mail to see if mine is getting raised too. I know my capital one just got raised from 2.85% to 9.99%.


Have a great time on your trip.....We enjoy staying at POR too