Recently, I had the very unpleasant experience of having a corporate credit card cut my line of credit with them by 80% for no warning and no reason. Before you start to wonder, yes, I had made every payment on time, paying in full, monthly, for the last 7 years. My credit score has remained stable. Bramble Berry’s business has grown this year (thank you, thank you, thank you!). The company is stable. I am stable. There is nothing to ‘flag’ my account that this company can explain or I can figure.
They sent me the form letter above. It’s cryptic and, it’s not even signed by a person. Meanwhile, it’s Q4, or ‘Busy Season’ when I actually use a line of credit to handle inventory swings. I have to wonder if my line of credit was cut because this company isn’t making any money off of me; I pay my line in full every month. There’s nothing to gain there. Or maybe it’s because I don’t play the Dun & Bradstreet game and refuse to give them my financial information because that information then becomes transparent to my (eh hem) fellow vendors (aka: competitors).