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You're browsing: Complaints » Credit Report Issues » Article Title: GM Flexible Earnings Card credit limit reduced 98 percent
21
Mar
GM Flexible Earnings Card credit limit reduced 98 percent
Watchdog

DB in Pennsylvania said: “Just received a email today that HSBC has reduced my credit limit from $10,000 to $300 dollars. The reason - “Based on inactivity on your GM Flexible Earnings Card, we have decreased the credit limit on your credit card Account, to $300. Are they out of there mind? Not only are they one of the “big” banks who are to blame for this credit mess, they are clueless on how to treat customers. I can’t wait to see how this affects my credit score. I think it’s high time that the American people rise up against these legalized extortionists.”

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