When technology consultant Jon Billig saw his business-travel costs rise several months ago, he asked Bank of America to raise the credit limit on his Visa card from $6,000 to $12,000.
No way, the company said.
What's going on? wondered Mr. Billig, who had a good credit rating (a "FICO" score of about 750) and had always kept his borrowing to only about 30% of his available credit. He'd never before had an increase request turned down.
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