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I can confirm that ratios have dropped a bit since the 20th. There was two possible reasons I saw for this. It was hot for an extended period and then it rained for a couple days which made people buy and then it got hot again and people stopped buying (too hot to wank?). Or it could be the processors. There has been an extraordinary amount of fraud attempts this year. I'm sure that processors have been cracking down on fraud hard to keep CBs ratios manageable. Also I think they have been denying most new requests for crosssales. But why all the processors seem to scrub at the same time is somewhat baffling to me. Perhaps an end of the month scrub? Sales have been pretty good so far today though, however. My feeling is that with the economy fragile fraudsters have kicked it into high gear to make cash. This of course fucks the average joe because it forces all credit card guys to over scrub. I'm hoping this will all clear out in a month or two and return back to more normal levels.
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