BD in North Carolina said: “I received an email yesterday, telling me that I was over my credit limit….impossible!…I thought. On my last statement I had a credit line of several thousand. All of a sudden it has been reduced to less than $700.00. I don’t know what percent that is, but I was astounded. In all the years I’ve had a Direct Merchant Mastercard, which is HSBC, I’ve never been late, and I’ve always paid it off every month. I don’t carry a balance at all.
Archive for » February, 2009 «
Category: Credit Report Issues
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DB in Connecticutt said: “I have had a Mastercard with what was originally Household Bank since 2000 or earlier. Due to a bankruptcy from medical bills in 1996, it was difficult for some years to get a card from a better lender. However I have been an excellent customer and they have raised my credit limit many times - I have managed to reduce my debt to only 30% of the limit as well. Nevertheless, every year my interest rate gets higher. At this point it is at 21.9 with a $79 annual fee. Written and telephone requests for a better deal are just bluntly refused.
Category: Rate Increases
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CC in California said: “Just noticed the CA- Debt Cancellation fee on my Best Buy payment. This the first I have noticed it and called Best Buy instantly. I said that I did not sign up for this and they gave me a external number. I am going to call tomorrow. I checked all my receipts and purchase paperwork for my computer financing and I see nothing about this. There is nothing in my HSBC credit card booklet either. Has anyone had success getting back the money they paid for these unfair fees?”
Category: Documentation Issues, Merchant Issues
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Da in California said: “I checked my account online today only to find our that my open line of credit had been dramatically reduced. I have always made my payments on time and paid well above the minimum and have only used 1/3 or less of my open line of credit. There was no notice, letter nor phone call alerting me to this adverse action.”
Category: Documentation Issues
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JC in Texas said: “In October 2008 I became late ( at the time approaching 2 months ) on a Best Buy HSBC account due to financial difficulties and with reliability issues with my bank submitting payments.
Category: Merchant Issues
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