Complaint / review text:
GE Money Bank is a joke. I pay them on time and just like everyone else they on you and cut your limit. I had a 500 dollar limit on my Walmart card and made double payments. Then I get a letter in the mail that my credit limit was cut to $390. How convenient, since my balance was $386! I guess, as I keep paying it down, they will keep dropping my limit till there is nothing left. The way I look at it, it's one less card I have to pay interest on. If that is how they want to treat the consumers, that's fine. They are the ones who are going to go bankrupt, not us so we should be glad. That's what you call free credit card counseling. Then you hear about the people going through CCC and GE suing them. Since when is that against the law?