Nope, it's all verified and I'm set up with a Premier account. This has been going on gradually for a year now. My balance fluctuates, but hasn't ever reached my limit and is always in good standing. As I make large payments to reduce my balance, GE lowers my limit to my balance. They've been doing this rather methodically for months now. I understand that the economy as a whole is terrible and that banks are doing this to everyone. But this doesn't appear to satisfy even a broad set of reasons why my available credit should be lowered. My overall credit has not declined. My account with Paypal has always been in good standing. There is simply no reason at all that my Buyer's Credit would be reduced, other than a desire on the part of GE Money Bank to reduce their consumer lending.
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