Saturday, January 16, 2010

BANKs INTENTIONALLY RIP Customers off and hurt their credit scores in this recession

Its a sad thing when you hurt your credit score and your credit card limits get reduced.

IT unconscionable when banks intentionally do it too you with out MERIT.

I have several low interest balance transfers on credit card accounts.

As a result I don't use these accounts to charge as there is no way to pay off the higher interest purchase balances.

So I simply make my payments to Chase manhatten and Bank of America and Elan and discover card.

But then what do they do, they reduce my credit available that I have built up, by making my ontime monthly payments.

This reduction then hurts my credit score by making me look like my card is maxxed.

That again causes my credit score to be reduced further and then gives these banks the EXCUSE to further reduce my credit limit and make me look maxxed again. BECAUSE all they look at is the credit score from the reporting agency ..they dont look at the actual account history to see the perfect payment record.

The banks that have done this INTENTIONALLY are Bank of america ,Chase Manhatten bank, Elan bank , and Discover card.

thank god I dont have a crapital one account nor a shittybank account

IT does not matter that all my accounts are current and in good standing. for years in a row. THESE BANKS DONT CARE. ESPECIALLY ELAN BANK AND CHASE MANHATTEN

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