Lindell Claims Amex Crippled MyPillow’s Credit Line

The Insider reports:

MyPillow CEO Mike Lindell said that his company has been crippled by American Express’s decision to slash its credit line. “Steve, we really need everybody’s help right now. We have things going on I’m going to let you all know this week,” Lindell told fellow Trump ally Steve Bannon on the latter’s “War Room” podcast.

“Out of the blue, they took our credit line from a million dollars down to $100,000,” Lindell said. “Just cripples MyPillow. No reason, no explanation, just dropped it down last Tuesday.”

This isn’t the first time Lindell has had trouble securing credit for his company. In February 2022, Lindell was terminated as a client by the Minnesota Bank & Trust a month after the bank called him a “reputation risk.”

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“Mike Lindell says MyPillow has been crippled by American Express slashing their credit line: ‘We really need everybody’s help right now'”

That’s a shame…https://t.co/faU6EDFsvo

— Craig Rozniecki (@CraigRozniecki) September 27, 2023