It's my pleasure to have you here on the Clark Howard Show where it's all about you and

your wallet.

I want you to learn ideas to me so you can save more and spend less and don't let anyone

ever rip you off.

It's being a rip-offs, how would you like it if I ripped you off?

That's why we have Clark Stinks.

At Clark.com slash Clark Stinks, you're a feel like the advice I gave short changed you?

Well, you get to hear what other people feel and where they feel I could do a better job.

Later this hour, when you get to hear Clark Stinks, I've got to follow up for you on something

that has really emerged as a problem going back to this last spring and is intensifying

here in the summer.

That is where credit card companies are either without notice closing your account or reducing

your credit line.

It's because the rate of delinquencies with credit cards is zooming right now and the number

of charge offs as where people just aren't flat out paying their bills anymore has gotten

really bad again with credit cards.

The credit card companies are really freaking on this and they're punishing people who have

not caused a problem but they're just worried and trying to dial back their portfolios.

Our producer Kim got a letter from one of her credit card companies in this case, American

Express and American Express did not write Kim to tell her they love her.

In fact, this letter is pretty cold from American Express to you.

It shows that bankers exist as bankers only with artificial hearts.

...