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GM Credit Practices

 
General Motors
Detroit , Mi
US

After being a loyal GM customer for 20+ years, I got notice today that my credit card limit is being reduced because I have not used my account for 6 months. They took me from a 17,000 dollar credit limit to a 300.00 dollar limit. I am just amazed. I guess customers like me who don't default on payments and manage their credit wisely, get no reward for good money management. It's all about the profit for everyone these days. My tax dollars helped bail out GM and this is how they reward customer loyalty. I don't suppose my litte complaint will matter to GM or the the bank that handles their credit card business, but after buying GM products for nearly 30 years, I will never buy another. I will find another credit card company also. HSBN bank is the institution that handles GM's credit card business. I suppose tax payer dollars bailed them out also. Well, folks, I want my money back!!

From: Message Author (click here to email author)
Date: Monday, 24-Aug-09 22:17:36 CDT

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