Yep, all the balances on my credit cards were dropped to just above the then current balance. When the first two credit card companies did that, I ran out quick and bought a bunch of had-been-put-on-the-back-burner things on my other credit cards to get the balances up high. :evilking The most annoying thing, my Discover card, which I have had since 1994, have never had any late payments, and at one time they were pushing my limits up towards $16,000, dropped my limit right down to $700 - just over the then balance.
Surprisingly, my Chase cards, nothing has happened with them yet. It could be that its because my primary residence, 1st & 2nd mortgage, is with them and I have never missed a payment there either. I guess we’ll see.