American Express
Lowering Credit Line for No Reason

I've been a person with American Show since 2000 without any late payments. They recently delivered me a notice lowering my credit line from $13,000.00 to $6300.00. Our encounter with Amex hasbeen a precise copy of the statement I observe below from the Florida client. After I asked their motion, I also was informed I'd 'way too many overdue balances' 'and that I was late spending my mortagage - I don't have delinquencies and that I am not overdue on some of my mortgages. I'd drawn my credit history just before calling AMEX as my banking account had been already sacrificed and that I anticipated idtheft. Our credit history were all-clear: no delinquencies, no late payments. I proceeded to create recurring calls to American Express operating my way as much as the Division supervisor of the RLA division. I discussed the fake data they offered me regarding 'delinquencies' had triggered me a good deal of stress and lost time calling the credit agencies to research. American Express are now actually informing me that what I observe on my Experian credit history isn't the things they are viewing and 'I've way too many delinquencies'. Used to do have the ability to consult with Experian straight, they assured me the credit info they delivered to me may be the same info provided to suppliers. Additionally they stated they're getting a large amount of grievances from American Express clients for that same factors I record below. I'm shocked in the conduct of American Express as well as their obvious and willfull misunderstanding of clientis supposed 'poor credit'. I'm calling the FTC tomorrow and certainly will revise this website, I also think this should certainly be an illegitimate practice. When it isnot, it ought to be.

Company: American Express
Country: USA
State: Florida

  <     >