Wells Fargo Financial Bank 20 years of excessive fees and still treat me like a loser. Unconscionable. unprofessional. sioux falls, South Dakota

"You feel ticked off and disrespected, but at the same time, you need the newly available funds, and you use them."

Using the increased credit limit is your choice.  No one is holding a gun to your head.  Many people manage their finances without the need for a credit card.

"Once the limit is increased more than 400%, they start making their real money. Before you know it, you are beind on the payment. Your late payment puts you over the credit limit. You now start paying hundreds of dollars per month in excessive over-the-limit fees, late fees, and extra interest. You do this for years because you know you are a financial loser who deserves the penalty."

Again...I'm not following your rationale.  Falling behind on payments and being hit with late fees; going over limit and being hit with over limit fees, and a high minimum payment are due to YOUR OWN FINANCIAL NEGLIGENCE. 

"You do this for years because you know you are a financial loser who deserves the penalty. After years of this, you have a severe, but temporary, money shortage, and for the first time ever, you ask for some reductiton of the monthly minimum due. Despite your long and succesfful history with the company, and the thousands and thousands of fees and penalty interest you have paid..."

So you state that you cannot get a minimum payment reduced due to your "long and successful history with the company" that consists of thousands of fees and penalties due to late/no payments!?!?!?!?!?  How does that even make sense.  You  continuously make late payments to the tune of THOUSANDS OF DOLLARS IN LATE PAYMENTS AND YOU EXPECT THEM TO WORK WITH YOU????

I'm sorry if this response seems harsh.  But this is such a load of bull I can't believe you could honestly BELIEVE that everything you are stating is really not your own fault.  You have to be over 18 to have a credit card, which leads me to believe that you are an ADULT.  My advice would be to start acting like one.  Take responsibility, pay what you owe, then stop using credit.  If you have been doing this for over 20 years, then you really don't need to continue, as you obviously haven't learned from your mistakes.

Wells Fargo doesnt MAKE YOU SWIPE THE CARD.  Managing your money is YOUR responsibility. 

Let me see if I follow you here...

They at one point issued you a credit card(?) and you were keeping it current.  Then somehow because your credit report showed problems they increased your credit limit.  Now this made you feel disrespected(were you expecting more?).  But since you needed it you went ahead and used it.   In fact you used it to the point where a single late payment caused you to go over your credit limit.  Then you ran into more problems are upset at them because they won't lower your payments.

Your logic fails on many fronts for example..

Even when banks were giving out credit to just about everyone.  If your credit report showed problems they would not give you additional credit.  In fact it was often quite the opposite where they would either close your account or LOWER your credit limit.  So I really wonder how "bad" your credit report was, or if this wasn't more of a request of yours to have the limit increased and you were upset that it was only an increase of 400%.  After all if they increased it more that single late payment would not have caused you to go over your credit limit.  Then they would have let you charge more and get more interest.   In the end they may have increased your limit but it was YOUR choice to use it. 

If you are having financial issues you can talk to the many Credit Counslers out there and get on a Debt Management Program.