Credit card or prepaid card -- Trouble using your card -- Complaint #4837981

Complaint Overview

Complaint ID: 4837981

Company: TD Bank US Holding Company

Product: Credit card or prepaid card

Sub-Product: Store credit card

Issue: Trouble using your card

Sub-Issue: Credit card company won't increase or decrease your credit limit

State: Missouri

ZIP Code: 630XX

Date Received: 2021-10-23T12:00:00-05:00

Date Sent to Company: 2021-10-23T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

I have had a Target card since 2015 and has never missed a payment with Target. I also have many other cards on my credit report with a 100 % payment history. Target XXXX recently reduced my credit limit from XXXX to XXXX, when I called to inquire, the response was it was the credit bureau decision. Most recent Target XXXX decreased my credit limit again this time to {$900.00} which was a huge impact on my credit report impacting my credit utilization ratio. Target XXXX is not able to provide me with a reason why they are constantly decreasing my credit limits even though I have no missed payments. I work for XXXX as a XXXX making well over XXXX yearly and I dont understand why my credit limit is being decreased as well as no one can explain why.

Frequently Asked Questions

What is Complaint #4837981 about?

Complaint #4837981 was filed against TD Bank US Holding Company regarding Credit card or prepaid card specifically about Trouble using your card. It was received by the CFPB on 2021-10-23T12:00:00-05:00.

How did TD Bank US Holding Company respond to this complaint?

The company responded with: "Closed with explanation". The response was timely.

What is the risk level of this complaint?

See the risk assessment section for details on this complaint's risk profile.

How do I file a similar complaint?

You can file a complaint with the CFPB at consumerfinance.gov/complaint. Select the appropriate product category (Credit card or prepaid card) and describe your issue in detail.

Can I see other complaints against TD Bank US Holding Company?

Yes, visit the TD Bank US Holding Company company profile at readthecomplaint.com/company/td-bank-us-holding-company to see all complaints, risk scores, and analysis.

Disclaimer

This analysis is AI-generated based on publicly available CFPB complaint data. It does not constitute financial or legal advice.

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