Complaint Review: Direct Merchants Bank

I have been a Direct Merchant card memeber as of 1992.I have paid my monthly payments as due and on time.I received a outlandish letter stating that my credit line had been decreased from eight thousand dollars to three hundred and thirty-one dollars. T

he calcalutions has shown that with my minimum payment and interest of twenty-three percent. I would have exceeded my purchase amounts. The letter went on to state that the credit decrease was due to equifax reporting without explantion. I'm very irate,unfair and a injust decision.I want everyone to be aware of companies that scam the consumer.

Betty
Riverdale, Georgia
U.S.A.