GE money bank lowered my credit limit twice by $500 dollars for no reason there has not been any change on my credit report and I have never paid late. I called them to find out what happened and they told me that it was due to a periodic review and couold not offer further explanation I talked to the supervisor who could also not offer any further explanation.
I filed a report with the BBB and a month later they again lowered my credit limit. I could understand If I was charging up a storm but I use the card for groceries at there store and have good credit and pay in full every time now every time a get groceries they seem to lower the limit again Im done with them. I highly reccommend every one go to (((competitor's name redacted))) instead!
U.S.A.Click here to read other Rip Off Reports on GE Capital CreditCLICK HERE to read about Credit Card Scams... find out how to get your money back. Consumer makes harsh but accurate statements. *Rip-off Report Investigation follow-up provides valuable information. sorry, allowing you to give a competitors name would instigate others to just file against their competition, to only come back later to suggest their company, ..plus, if you post a competitors name more than likely they will show up on search engines as a Rip-off! - - your comments on this policy are welcome. CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report. In this case we removed an alleged competitor's name