Anyone have Sears MasterCard limit decreased
Hey guys;
DW had this mastercard issued by Sears Canada for several years. Several days ago DW noticed her credit limit for that card was lowered from just over 10K to just above 8k. She called and the old limit was quickly reinstated.
But, today the same thing occurred and despite a long wait on the phone plus the run around - explain the situation to one person and another and then yet another - no luck and it's (credit limit) now reset at the lower limit 8.5K.
I understand Sears is in deep trouble and closing many outlets - could it also be cutting back on credit limits and failing to tell their customers?
p.s. DW tells me monthly payments are always paid on time and when possible balance is paid in full.
DW had this mastercard issued by Sears Canada for several years. Several days ago DW noticed her credit limit for that card was lowered from just over 10K to just above 8k. She called and the old limit was quickly reinstated.
But, today the same thing occurred and despite a long wait on the phone plus the run around - explain the situation to one person and another and then yet another - no luck and it's (credit limit) now reset at the lower limit 8.5K.
I understand Sears is in deep trouble and closing many outlets - could it also be cutting back on credit limits and failing to tell their customers?
p.s. DW tells me monthly payments are always paid on time and when possible balance is paid in full.
