Hidden fees! Cutting your credit limit based on where you shop! Have credit card companies gone too far?
Card issuers used to just look at your credit score to determine if you’d be a good credit risk. Not anymore. Now they scour your spending patterns for signs of financial trouble - checking to see if you’re shopping at discount retailers for the first time, buying more booze or getting marital counseling. Any of these could trigger a loss of credit.
If you pay your bills on time should it matter where you use your credit cards? Is this an invasion of privacy? Has this happened to you?
We want to know what you think. Leave us a comment. We’ll share some of them on air in the CNN Newsroom, 11a — 1p ET.