Well I have to be honest I never thought that the credit crisis would be anything that would really affect me.. I mean I have great credit, I pay my statements on time and carry very low balances.. So, when the announcement was made that American Express and Bank of America were slashing limits for the customers who used their cards for everyday expenses I never thought that would apply to me...
Well guess what it did!! I am a small business owner and I don't want to use my cash so occasionally I use my credit so that I have cash on hand and to my disbelief Chase Bank lower my limit.. So, if anyone knows me they know that I have a low tolerance for this kind of inconveniences so, I called to get to the bottom of this and this very nice and lovely woman explained to me that not only could she not raise my limit but I was the 75th phone call she had gotten in the last two hours from a small business owner ranging from payroll needs to needing credit to get inventory for store fronts.. She stated that we were all in the same position great credit but out of luck because the government thinks that it is a better idea to fuel the big businesses that got us into the mess opposed to assisting the million of small business owners who are currently fulling the economy and who will continue to fuel the economy long after this mess is over.
The only thing that I have to say to the government is this... Instead of giving more money to the money grubbing wall street businesses with ethical morals as prevalent as a tiny stain on your shirt we should help small businesses like me who thrive on ethics and the growth of businesses in a way that is good for everyone.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment