Rg in Connecticutt said: “Just received a letter from HSBC today telling me they lost a class action suit and have reduced my credit limit by 1/2. What bothers me is that I was now “overlimit” by a couple hundred dollars and as their rep gleefully told me I had 30 days to pay it up before they report me as overlimit, overdue!!! I’ve had my card with them a long time, never been late on a payment and always paid more than the minimum. Thankfully I had just received income taxes so I paid it, but there was no 30 day notice as required. I’m going to write to our Banking Commissioner and the Better Business Bureau because this is horrible customer service.”

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