Complaint Review: GE Money Bank

I am disgusted and very sad at the treatment I have received from GE Money. First I will say that honestly I will never shop at any establishment that is connected to them and I wish the public would all boycot any establishment that they control. I filed an earlier complaint last month because all of my credit cards with GE-Dillards, Wal-Mart, Finger Furniture, Linens N Things, Macy's. All of these accounts had the credit limit lowered to almost what the balance was. The one that upset me the most was Dillards. I had been a card holder since 1987 and was given the Elite card. i used their travel agency for many years and spent thousands to them and never had a problem. First they lowered me from $7500 to $2800 and now i get another letter lowering it even more and raising the finance charges to 29%. I have $68 credit now. The card is useless to me. I will pay off the balance as much as I can per month but now even the minimum payment is too much. The latest is my Finger Furniture account-They cancelled my Deferred Interest Period which was two years. Get this (Finger Furniture no longer in business) yet I was going to have it paid off within the next few months. My account has gone from from previous balance of $650.00 to owing them $1949.00. My credit score has dropped from the 700's to the 500s and something needs to be done. I am 62 years old. I have a severe case of spinal stenosis which keeps me in constant pain. I continue to work because I have too but I am always sad and on the edge of crying. I don't know why after all these years I am being trated like this but i can see I am not the only one.

Carol
Houston, Texas
U.S.A.