American Express Randomly Cut My Credit Limit From $25,000 to $1,800

American Express Randomly Cut My Credit Limit From $25,000 to $1,800

Reader Pierre is a small business owner who has an American Express Business Account that used to have a $25,000 limit, but has now been cut to $1,800. He says his company’s bill is usually around $12,000 a month, and it is always paid in full — on time. While Pierre is clearly upset with American Express, the Wall Street Journal says that all banks are cutting access to credit.