GE Money Bank
Reduction of credit limit

Business & Finance

I also have main criticism against GE Money Lender. They recently decreased my borrowing limit on my Lowe's consideration from 5000 to 447 (the amt. I currently owe). They mentioned "upon overview of my Lowe's consideration"... Not the case, when I haven't been overdue on my Lowe's funds, usually compensated significantly more than the payment per month, settled the account off many times, and not near to my control. I've been assisting my boy and his household prevent foreclosure on the house along with other funds since his spouse became sick and may not function. Consequently some balances (not Lowes) have now been only a little overdue, and so I realize that they regularly examine Credit Agency reviews so when they observe any late payments, they reduce the borrowing limit on the accountholders. It barely looks reasonable, particularly within this vulnerable economy with a lot of individuals attempting to keep the things they have. I've worked hard for several years and today to be always a "quantity on the credit history", is just a punch within the experience. I'll pay-off the total amount and not cope with GE Money-Bank again!


Company: GE Money Bank
Country: USA
State: Florida
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