The JC Penney Card Monogram Credit Card Bank Of Georgia Creditor ripoff stating they will reduce my credit line 5 days, ripoff EL PasoTexas Kansas City, Missouri Internet

I also had a JC Penney credit card issued by Monogram Credit Card bank of Georgia and they pulled the same stuff on me. I had a $500.00 credit limit and used the card twice for a total of $154.00 before they wrote me a nasty letter telling me that they were lowering my credit limit to $300.00.

I received another letter two days later from Monogram stating that they were lowering my credit lower yet - to my current balance at the time which was $88.00. This was so ridiculous as I had to drive 80 miles to shop at Penneys to begin with and apparently I didn't use the card enough to suit them so my solution was to pay it off and cancel the card. They wrote me asking me to keep the account open and my reply was, "Sorry Charlie..."

I had never been late with a payment and had always paid more than the minumum but I guess the goodwill of customers is not what matters to Monogram Credit Card Bank of Georgia. I had three other store cards that were issued by MCCBG and I paid every one of them off and cancelled them.

If I ever apply for a credit card again, it is a sure thing that if the card is issued by MCCBG, I will recind my application.