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Watch Out! - HSBC lowering CL's

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Anonymous
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Watch Out! - HSBC lowering CL's

Without notice dropped CL by 5000.

Showed up in the new monthly statement.

Message 1 of 18
17 REPLIES 17
Anonymous
Not applicable

Re: Watch Out! - HSBC lowering CL's

$5000 cld wow,Sorry to hear that.

Good ol HSBC..........

Message 2 of 18
Anonymous
Not applicable

Re: Watch Out! - HSBC lowering CL's


@Anonymous wrote:

Without notice dropped CL by 5000.

Showed up in the new monthly statement.


Smiley Sad I swear that is one of the worst banks out there.

Hong Kong Shanghi Banking Corporation (HSBC)Smiley Sad

Message Edited by 74king on 05-30-2009 09:31 AM
Message 3 of 18
LindaLu
Regular Contributor

Re: Watch Out! - HSBC lowering CL's

a couple months ago they lowered all 3 of my cards to half of what I owed!

of course putting me over the limit on all 3 cards.

 

Message 4 of 18
Anonymous
Not applicable

Re: Watch Out! - HSBC lowering CL's


74king wrote:

Hong Kong Shanghi Banking Corporation (HSBC)Smiley Sad


Wow I had to look up what the initials HSBC stands for.I never knew and I guess it really didn't matter.But thanks for the info...

Message 5 of 18
Anonymous
Not applicable

Re: Watch Out! - HSBC lowering CL's


@LindaLu wrote:

a couple months ago they lowered all 3 of my cards to half of what I owed!

of course putting me over the limit on all 3 cards.

 


All those practices...or most of them i should say will come to an end when the New law kicks in. That's not right lowering it to half of what you owe making you look like your over extended, and of course that drives your FICO down hence charging you a higher interest rate etc...etc....etc....hamster wheel.

 

I can't wait to see banking executives going to Federal Prison for breaking the new law. It's going to happen, it's history. It's repeating itself. Greed is the disease that they must try and iradicate but won't be able too. And their will always be no shortages of fools out their willing to test the law and will unfortunately lose end up in prison for it.

 

And i can't wait too see it....enough is enough.Smiley Very Happy 

Message 6 of 18
Anonymous
Not applicable

Re: Watch Out! - HSBC lowering CL's

You are right 74king, i hope the scumbags do go to jail and they feed them bread & water!! HSBC is one of the sorriest cc's to have!! unfort. i have one-got it 3 yrs ago to build credit!! i am stuck at a 500 limit for those yrs- i have asked for 2 cli's and they done hards too!!! i hope they rot in h--l!!!!
Message 7 of 18
Anonymous
Not applicable

Re: Watch Out! - HSBC lowering CL's


@Anonymous wrote:
You are right 74king, i hope the scumbags do go to jail and they feed them bread & water!! HSBC is one of the sorriest cc's to have!! unfort. i have one-got it 3 yrs ago to build credit!! i am stuck at a 500 limit for those yrs- i have asked for 2 cli's and they done hards too!!! i hope they rot in h--l!!!!

Smiley Very Happy Bread & Water...man we can't get that lucky. But having those guys doing it like Shawshank would pretty nice.Smiley Very Happy

Message 8 of 18
wmarat
Valued Contributor

Re: Watch Out! - HSBC lowering CL's

I am pretty much sure that no CEO will go to jail.
IN VINO VERITAS.
Message 9 of 18
Anonymous
Not applicable

Re: Watch Out! - HSBC lowering CL's


@Anonymous wrote:

Without notice dropped CL by 5000.

Showed up in the new monthly statement.


 

Sorry this happened to you. Which HSBC product do you have?
Message 10 of 18
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