Code Blue to Blue's Clues

So I talked to Bank of America this morning. What a fucking mistake. They reopened my closed account but I had to concede to a reduction in my credit limits. The card I opened in 1997 had a balance of 16,600 (I started with $500!), and the card that they closed had a limit of $8000. They had to "remanage" my limits because they exceeded their retarded income guidelines. So now my oldest card has a limit of $10,000 and the other card has a limit of $1000. The woman on the phone said even if they didn't reopen the closed account, they would have to drop the limit on my other card since they've now been made aware of our income. Sometimes it pays to keep your mouth shut I guess. I thought I was doing the right thing to save my credit score but I've posted on a few financial forums and all the responses I've gotten so far say that I fucked up, even though the woman on the phone said the limit decrease wouldn't hurt my credit as much as closing the account. I keep telling myself that it's ok because we have our debt snowball set up and should be free of credit card debt in 12 months. But that doesn't really make it better.

It's times like this that I think about getting a part-time job. We could use the money to pay off debts faster, build a savings and I wouldn't be denied for loans and limit increases because they would see that I have a "real" job. Sometimes it's very frustrating--and scary--to be a stay-at-home mom. No income limits my options and I'm in big trouble if my husband can no longer work. Of course, I wouldn't trade the opportunity to stay home and raise the kiddo our way, but in situations like this, it's pretty damn discouraging and frustrating.