Like many others, I received notice of a reduction of my credit line, AFTER THE FACT. From $900.00 down to $300.00 after paying on time or early for the past three years, after having my interest rate raised every year or so up to the maximum 24.99 percent. This is a blow as I was promised by HSBC ...
Without warning, HSBC decreased my credit limit by 1/3 and raised my interest rate to 24.99% And for what? I am never over the limit, never late, I pay more than the minimum, and keep the balance under 50%. Now, when FICO (what a joke) gets hold of my report, it will lower my score because I look ...
I have been a loyal customer to Direct Merchants bank for 12 years. Over the 12 there where appx 4 late payments never over 2-3 days late. Paid them and went on. I have taken my card to the limit many times $8-9 thousand then paid it off in 1 payment. Last nov. They raised my % up from 11% to ...
I had gotten this card one month prior to my wedding in so I've had it about 2 years now. I just seen a few short weeks ago that my credit limit was reduced on this card from $7000 to $3600 and without notice! Aren't they required by federal law to notify the customer of impending changes to a ...
At Target yesterday, in the check out line, my card denied. Called HSBC they said nothing personal, across the board, protecting ourselves. Lowered my limit from 8600 to 3300 with no notice, no reason. Always pay on time, never overlimit, had account for app 8 years. This was 2/24/09, they said ...
As I do from time to time, I checked the position of my HSBC - Mastercard to ensure everything was up to date and in good standing as I have kept it since opening this account. I came to find out that my credit limit was slashed by nearly $3400! No justification was given but for that it was a ...