Care Credit
Limit Cut, Account Closed and Due Date Moved Despite On-Time Payments

I used Care Credit when I needed some dental work done a few years ago. In three years I never missed my monthly payment, always paid by the due date, ALWAYS on time! One day they cut my limit from $3000 to $2300 which in turn hurt my credit score because of the "credit to debt ratio" rating, then a few months later they closed my account for no reason. I ALWAYS PAID ON TIME! They upped my due date by 3 days which made me late because I paid on my regular due date. They charge a $39.99 late fee if your are late and almost $45 interest per month. Three years, never missed a payment except one month when customer service didn`t follow through on their commitment (overseas cust serv, so they can`t understand you) and my credit score dropped 59 points. I borrowed from my life insurance just to pay them off. They are financial sharks and lowest of the low!

Company: Care Credit
Country: USA

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