Random Access Memories

So today I got a letter in the mail from one of the banks I have a credit card with.

This letter is in reference to your credit card issued by Barclay’s Bank Delaware.

In a recent review of your account, we noticed that you have not used your Mastercard account for a long time. To help you better manage your credit accounts, we have closed your account.

Please destroy any credit card(s) associated with this account as well as any convenience checks you may have in your possession, as they are no longer valid.

Sincerely,

Barclays

Now I have *perfect* credit. I had not used the card in about 6 months, which does not seem like an overly long time to me.

They are owned by the Barclay Group out of London, so they were not part of the TARP program at all, but cutting off lines of credit to people that are extremely low risk does not seem like what any market needs right now.