[Fredslist] Response to Heidi about Home Equity reduction and Credit card information as well

[Sherry Rivera]

Heidi shared that her Home Equity Line was reduced that is happening with many Lenders.  The first
was with a client at Citibank.  I wonder about it's legality.
 
However, also be aware that several clients and friends have talked about increases in credit card 
rates without warning.  The credit card companies are reviewing their borrower's credit with stringent 
guidelines.  If they think you have "too much" outstanding credit they will raise your rate.
 
Sherry Rivera 

Guardian National Funding
100 North Village Avenue
Rockville Centre, NY 11570
516 594-1400
 
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