GR in Alabama said: “HFC/HSBC just reduced my credit line from $15,000.00 with $0.00 balance to $0.00, so I contacted HFC and talked with Peeyush Dutta (employee #: HBI3DT). HFC sent an email with no details other than “HFC has adjusted the credit limit on your loan account.”

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JT in Pennsylvania said: “In an attemept to get my credit score up to get better rates I spent a few years trying and succeeding in getting it to rise. Using credit cards but it didn’t go very fast so I thought since the only loan I had was my mortgage that a small personal loan would be a help. I didn’t have derogatorys but had always paid cash so the score was low.

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LS in Pennsylvania said: “HSBC just dropped my credit limit by $4,500.00 and I have not had a late payment in 18 months; I have been trying really hard to improve my credit score and now I feel sick to my stomach that my score will drop and I have done nothing wrong. Thank you for the good work you do in monitoring this company. If you have any sugesstions of help, please feel free to email me.”

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.”

KM in Michigan said: “I also was never notified that my HSBC credit card limit was slashed. I had a credit line of $6,600 and it was reduced to $330. I never was late and paid the bill off each month. I was deemed a “credit risk” even though I have NO credit card debt and no car loan payment. I am very concerned what this reduction in my available credit will do to my FICA score. I am in the process of buying a house and as soon as I close, the HSBC credit card will be closed too.”