If so, then why did I just receive this e-mail from my U.S. credit card company? You know...the credit card I rarely use.
Congratulations. Your revolving Credit Line is $40,000.
As a valued cardmember who has maintained an excellent account record with us, you have earned the credit line indicated above.
Buying power is in your hands.
You can use your card for all your purchases -
from everyday expenses like groceries and clothes,
to big-ticket items like vacations and home improvements.
Isn't revolving credit one of the things that has gotten people into such a big mess in the first place? It's called spending money you don't have, people! Don't do it!!!
Okey-dokey....I'll get off my soapbox now. But I've gotta be careful: the TBF soapbox is a BIG soapbox.