Do I have a discrimination case when there was no basis for the limit decrease?
Full Question:
I was given a credit card with a $1000.00 limit and later that limit was reduced by $300.00. The Letter from the bank stated "authorizations at high risk merchants" I later find out that the "high risk merchants" wasn't that at all. The customer service rep stated that "I used my card too frequently". I was never late, never went over my limit and paid more than my minimum payment. Do I have a discrimination case when there was no basis for the limit decrease?
05/09/2007 |
Category: Debts and Cr... ยป Credit Cards |
State: New York |
#4365
Answer:
Although there could be, we are not aware of discrimination actions for this type of action. Credit card companies do these type of things all the time based on various statistics.