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Report: #430548

Complaint Review: Direct Merchants Bank - HSBC

Submitted: Tue, March 03, 2009
Posted: Tue, March 03, 2009

Reported By: Bugman — Opelika Alabama U.S.A.

Direct Merchants Bank - HSBC

HSBC-Box 525 Carol Stream, Illinois U.S.A.

Phone: 334-524-5783
Web:
Category: Credit Card Fraud

Direct Merchants Bank - HSBC Lowered credit limit from $4.100 to $880.00 for no apparent reason Carol Stream Illinois

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This bank suddenly sends me a letter stating that my credit had been lowered. I have never been late nor, missed a payment. This act will drastically reduce my credit score. This is crazy crazy crazy. My balance is $835.00 and my limit is $880.00. These practices should be investigated. I think that all credit reporting agencies should be made aware of these bogus and Dishonest Acts.

Bugman
Opelika, Alabama
U.S.A.

This report was posted on Ripoff Report on 03/03/2009 09:47 PM and is a permanent record located here: http://www.ripoffreport.com/r/Direct-Merchants-Bank-HSBC/Carol-Stream-Illinois-60197/Direct-Merchants-Bank-HSBC-Lowered-credit-limit-from-4100-to-88000-for-no-apparent-r-430548. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report.

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