Complaint Review: Juniper Card Barclays Bank - Philadelphia Pennsylvania
This is the second time Barclays Bank/Juniper has done this to me. I tend to run up my credit cards and consolidate. Not a great habit, sure, but life gets busy and I have a house and kids and credit so I use it. The first time this happened I blamed myself for my credit habits. I consolidated my cards and boom my score tanked. I then realized Juniper reduced my line amount, though I kept a balance with them for a lower rate than others, but the line reduction tanked my score further. It’s been about a year I’ve been trying to get my score up again. This second time, however I find it purely unacceptable. I took out a home equity line and paid off 85% or so of my balances, Juniper in full. They immediately reduced my line from $3,000 to $500, claiming my balances were too high (just paid them in FULL) and that my score was too low, a 671. Now 671 was in part because they started this fiasco last year reducing my line so it appeared maxed and lowering scores making it more difficult to get decent credit. Additionally though, a 671, though not awesome, is hardly in major default territory that would cause a need for a $2500 line reduction. Also there was a new interest charge added as soon as I paid, for $35 or so. I paid immediately so they cannot mess with me later or charge again. I find their practices extremely damaging, erratic, and unprofessional. I will not close my card immediately for fear of damaging my credit any more, but I will likely cut it up and never use it again. I have had a couple late charges over the eight year time period I’ve used them but never close to a 30-day late or any kind of default.
This report was posted on Ripoff Report on 06/12/2018 04:08 PM and is a permanent record located here: https://www.ripoffreport.com/reports/juniper-card-barclays-bank/philadelphia-pennsylvania-19101-3337/juniper-card-barclays-bank-lowered-credit-line-when-paid-in-full-causing-score-reduction-1447183. 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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