Complaint Review: Fingerhut - St Cloud MN
Fingerhut FAKE Increases Without Permission to DAMAGE Credit LONGTERM St Cloud MN
*Consumer Comment: The OP is not kidding.
*Author of original report: It's the real reason
*Author of original report: Wow Fingerhut, that the best you got?
*Consumer Comment: I use Fingerhut
*Consumer Comment: Typical Subprime Borrower
Fingerhut tells us our Credit Score is important. you and they are right, CREDIT SCORE IS IMPORTANT. So why do they intentionally tryi to hurt the scores of their good customers? I have NEVER been late on a payment and have received SEVERAL Credit Line Increases. NOW I get a "Temporary" FAKE $800.00 Credit Line Increase which WILL be reported to all Three Credit Reporting Agencies and INCREASE my Credit FICO by approximately 20 points.
Then see that Credit Line DECREASE to my present line in 3 months. Be Reported to All Three Credit Agencies Again and see a 30 point DECREASE in my FICO. In other words they are telling me I MUST OVERSPEND by $800.00 and not use my Credit responsibly OR they will (1) cost me 10 points on my FICO Score Long Term, OR (2) Remove me from receiving any future REAL Credit Line Increases. That per thier Supervisor, (after the original person gave up) and giving me only his first name PAUL and badge #154, of 6250 Ridgewood RD, St Coud, MN 56303.
He basically said Fingerhut could care less what you do in regard to Consumer Credit. I asked him if he would accept these terms on any of his accounts with ANY company. And he said he would need to read their Terms and Conditions. Good dodge so I asked him where in the Terms and Conditions for Fingerhut these FAKE increases appear? And where it says Fingerhut is allowed to impose them? He said, "well it doesn't actually say that." Ya think?? Of course it doesn't. So again, WHY do they want to HURT the Credit of their Best Customers? You know, the ones that pay ontime each and every month Why hurt the Credit of the Customers that PAY On Time? And why force customers to either hurt themselves Short term financially OR Limit themselves Longterm? Paul sure didn't know, and I'll add DIDN'T CARE. But maybe someone with their group will!!
This report was posted on Ripoff Report on 04/10/2020 03:52 PM and is a permanent record located here: https://www.ripoffreport.com/report/fingerhut/st-cloud-mn-fake-increases-1493917. 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. READ: Foreign websites steal our content
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