Quantcast

What the New Credit Card Legislation Means to YOU (Page 11 of 11)

Advertisement

Survey Says:

Advertisement

Page « Previous 19 10 11

Discussion:    Add a Comment | Comments 1-2 of 2 | Latest Comment

View unverified member's comment - posted by boots

October 10, 2009 7:00 AM

I have credit card whose limit is 9000, my balance was 7000 I was laid off so I was using this card that is why my balance increased. Then I didn't know they cut down my limit to 7500. I was at the grocery store and then the cashier said my payment was declined. Only then I found out from a letter they sent me that they had decreased my limit. Now I received another letter saying they will increase my rate more than 10% higher because I over spend they said above my limit. Is this allowed? Can I do something about this? Please help.

An E.

Discussion:    Add a Comment | Comments 1-2 of 2 | Latest Comment

Add Your Reply

(will not be displayed)

Email me when comments are added to this thread

 
 

Please log in or register to participate in this community!

Log In

Remember

Not a member? Sign up!

Did you forget your password?

close this window
close this window