It seems that HSBC and American Express are trying to reduce their credit liability with customers who use their credit cards.
If you have one of these cards you may want to look and see if they reduced your limit because it may cause you to over draft. If I see a scam this one is a big one.
So lets say you have a credit limit of 1000 and you have about 900 dollars charge to that account.
What these companies are doing without notice is reducing your credit limit without any notification. I had a friend of mine tell me that his HSBC credit card had been reduced and over drafted.
Amercian Express on the other hand is trying to close out accounts with large balances which is bad for the consumer. If your account gets closed it will reduce your credit score.
Anyway hope something is done about these cut backs.