News for hackers. Stuff that matters.
Re:Credit card company rejects customers with too-good credi... by slapshot on Friday June 25, 2010 @03:26PM (#1461825)
Mid-tier universities do this all the time too by rejecting students they know won't matriculate (or will matriculate and transfer in 2 years).
Re:Credit card company rejects customers with too-good credi... by carbocation on Friday June 25, 2010 @06:54PM (#1462465)
Known as "yield protection" or "Tufts syndrome" ( http://en.wikipedia.org/wiki/Yield_protection )