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Report: #406658

Complaint Review: GE Money Bank/ Wal Mart Credit Card - El Paso Texas

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  • Reported By: mechanicsburg Pennsylvania
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  • GE Money Bank/ Wal Mart Credit Card Po Box 981064 El Paso, Texas U.S.A.

GE Money Bank/ Wal Mart Credit Card THIS COMPANY IS DECEPTIVE AND RIPOFF El Paso Texas

*Consumer Comment: They Lied of Course- it was not your credit rating at all

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I had credit with Wal mart/discover thru GE money Bank, my credit score is high 700's and always paid large amounts on my balances, this week I received a letter that my credit limit has been reduced to the balance amount left on my credit card, no available credit left, their version of the reason for the credit limit reduction is because of something on my credit report from 9 1/2 years ago.

When I applied and got instant 6500.00 balance the 9 1/2 years ago credit discreption was OK, then it was only 6 years old.

I will no longer be doing business with Wal mart, Target is across the street and cleaner and more organized.

Purrfectharmony2
mechanicsburg, Pennsylvania
U.S.A.

This report was posted on Ripoff Report on 12/31/2008 10:39 AM and is a permanent record located here: https://www.ripoffreport.com/reports/ge-money-bank-wal-mart-credit-card/el-paso-texas-79998/ge-money-bank-wal-mart-credit-card-this-company-is-deceptive-and-ripoff-el-paso-texas-406658. 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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#1 Consumer Comment

They Lied of Course- it was not your credit rating at all

AUTHOR: Laurie - (U.S.A.)

POSTED: Wednesday, December 31, 2008

It was a company decision that had nothing to do with you at all. It has to do with the current credit crisis. YES GEMB helped created the crisis - just like all the other banks and financial institutions that have completely trashed our economy.

But like all their other processes that are designed to rip off their customers - its nothing new for GEMB to do this to you and everyone else.

You can file a complaint with the Federal Trade Commission if you like

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