Dan Abel wrote:

>
> The claim is that if you
> take your existing AMEX card and buy from certain places that accept
> that card, that AMEX will CANCEL your credit card because they have
> found that people who buy from those places aren't good credit risks.
> Are you OK with that? Is that in fact what you expect? Do you mind
> having it on your credit report that a credit card was cancelled because
> you are a bad credit risk?
>
>


Then why in h*ll does AMEX authorize those places to accept its card?

What a Catch 22. AMEX authorizes store XYZ to accept its card then
cancels credit of people who use it there.

This world gets crazier by the minute.

gloria p