Credit reduced
Flangedangle
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Posted on
Mar-21-2020
07:09 AM
My paypal credit was reduced without any notifications. I have paid more than the minimum every month. Has anyone else had this happen?
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3 REPLIES 3
amyp11
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Apr-05-2020
03:08 PM
This happened to me too. I was notified about the reduction long after it had taken effect. I've never missed a payment. I asked them via the 'message' function and received a blase 'oh sorry about that' response, no explanation provided...
It is frustrating to see the CEO's coronavirus message "we're supporting you" when in reality they are being dodgy!!
RDCoombs
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May-02-2020
08:49 AM
This happened to me too. Never missed a payment, always pay it off before interest kicks in. I've messaged asking why they slashed my amount but still no response.
jmarcuselias
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Jan-31-2021
08:20 PM
This happened to me as well. Cut it in half from what I had. Paid on time never had high balances. This also made my credit score drop as I inquired with another card. The drastic cut was a "red flag" to them.
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