I have been a long time jc pennys costermer. Faithful NEVER LATE AND UTILIZED MY CREDIT WISELY AND OFTEN. i HAD A 2650.00 CREDIT LIMIT WITH A 1600.00 BALANCE. I was notified they will be dropping my limit to 1325.00 . I have no lates and had no problems with them or any one else. I am now over limit and when i called they said its already been reported over limit.