GE lowered my credit limit from $600.00 to $170.00 with my Walmart card. I have had this card for years. Payments are up to date and on time. The reason given to me was that I have a lower credit score than some other people. WHAT??? When I first obtained credit from them, my credit was nowhere near the credit I have obtained for myself now. Now, they decide to lower my rate.
My payment history, in the past was slow at times but, for the past 5 to 7 years or more, has been on time and all but paid off. They should have lowered the credit years ago when I had some trouble paying things, not now. I have paid to keep a credit rating going for myself and, now, I am being discriminated against for it! Other cards increase limits for good behavior what is up with GE? Very unfair practices.
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