topic Re: HSBC decreased CL in Credit Cards

HSBC decreased CL

Anonymous — Mon, 06 Jun 2011 19:09:43 GMT

Here's a better number to get directly to a credit analyst: 1 866 551 0258. I'm currently on hold with them and they are reviewing my account after they decreased my CL from 405 to 305 and decreasing it on 4/23/09 from 1,000 to 405. currently 3,600 out of 28k in use. Reasons given for decrease were # of accounts w/ delinquency and public record which i haven't had any of those. Will let you know if this works.

additional info: recently was approved for an additional 5300 with Citi and new 7500 with Discover

Re: HSBC decreased CL

Anonymous — Mon, 06 Jun 2011 19:24:17 GMT

IT worked. They increased it to 1,000.

Re: HSBC decreased CL

Anonymous — Mon, 06 Jun 2011 20:30:20 GMT

Congrats

Re: HSBC decreased CL

Anonymous — Tue, 07 Jun 2011 15:04:56 GMT

They did exactly what I thought they did. The public record was simply an old collection that was previous to the original CL decrease. Doesn't double jeopardy apply to credit card companies?

Re: HSBC decreased CL

Anonymous — Tue, 07 Jun 2011 15:14:32 GMT

If I were you, i would have closed the account since first CLD.
I don't recall HSBC having any decent reward program. What's the reason you still keep it open?

Re: HSBC decreased CL

Anonymous — Tue, 07 Jun 2011 15:41:38 GMT

I've been a cardholder since 2006. It helps with the AAOA. The card has 1% cash back rewards and i use it basically just to pay a couple online bills.