Federal Laws for Equal Credit Opportunity
Date: Mon, 01/19/2009 - 21:27
OK, so I opened my mail today and Juniper decided to decrease my limit from $2500 to $1750. No good reason, just states "Your credit line has been lowered to reflect your spending. Based on your spending history, and since you are only using a small portion of your available credit, we have lowered your credit line to $1750." Apparently I don't spend enough on it.
Which is fine, I mainly use my Citi Card. But I would like to have the option to put more than $500 on it without going over the 30% buffer that the credit score oh-so-hates.
Me, having time on my hands, typed up a letter to them, because I don't think their "reason" conforms to the Equal Credit Opportunity Act.
Which is fine, I mainly use my Citi Card. But I would like to have the option to put more than $500 on it without going over the 30% buffer that the credit score oh-so-hates.
Me, having time on my hands, typed up a letter to them, because I don't think their "reason" conforms to the Equal Credit Opportunity Act.
good letter, I wonder what their response will be?
good letter, I wonder what their response will be?
They did that to everyone they could because they don't have the
They did that to everyone they could because they don't have the money to lend .
They don't have the money because of the global credit meltdown.
Eventually they will reinstate credit limits but right now they can't.
This is a great letter! Everyone should stand up for their right
This is a great letter! Everyone should stand up for their rights so thoroughly!
Apparently this is happening often. See my blog for more details...
chrys
