U.S. Bancorp Credit Card Complaint

Credit line increase/decrease

U.S. Bancorp Credit card department,

Credit line increase/decrease South Carolina

We are serious company who makes $700000.00 gross revenue with a constant positive business account of $20000.00 to $30000.00. We have since - -/-/- a business account with the - - former - - -. In - - we received a credit card with a $5000.00 credit line. On the -/-/- statement -/-/- appears a Balance due of -. An automatic payment was previously installed. In - - the Credit department of the - - failed to consider our first automatic set up payment and registered an incident. Thus they decreased our limit to - dollars.


We called and asked them to solve this issue and come back to the initial - dollars approved limit. In fact this call was assimilated as a request for a credit line increase. We were surprised to be informed on -/-/- that our request was denied and registered as well in the credit score history. A second call produced exactly the same effects and on -/-/- we received a second letter with the same denial of approval on a credit line increase. As a result our Credit score went from - to -. On -/-/- we made a payment of $2800.00 for a due date of -/-/-. When we looked up on -/-/- if the payment which was withdrawn of our account on -/-/- was registered in the payment history it did not show up. Again we paid $2800.00 on -/-/- as it did n't show registered. The same day we paid $2900.00. So for we had a credit on our account but the - - refused payments to our suppliers. As we tried to explain for a third time to a supervisor the recurrent problems and can not find a positive solution to our matter, we would like you to intervene.

U.S. Bancorp customer in South Carolina
Feb 09, 2016

* Source: CFPB Complaint Database

U.S. Bancorp response to complaint:
Closed with explanation

Consumer disputes how U.S. Bancorp handled their complaint

Created with Highcharts 4.2.3U.S. BancorpComplaint HistoryComplaints1/20124/20126/201212/20122/20134/20139/20131/20143/20144/20147/20143/20154/20157/20152/201611/201600.511.522.5Source: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3U.S. BancorpCredit line increase/decrease68.4%21.1%10.5%Closed with explanationClosed with non-monetary reliefClosed without reliefSource: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3National AverageCredit line increase/decrease0.2%8.2%9.7%2.3%0.4%5.8%73.3%0.1%Untimely responseClosed with non-monetary reliefClosed without reliefClosed with reliefClosedClosed with monetary reliefClosed with explanationIn progressSource: Consumer Financial Protection Bureau

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Contact U.S. Bancorp

http://www.usbank.com/
(800) 872-2657
andrew.cecere@usbank.com
800 Nicollet Mall Ste 200
Minneapolis MN 55402
U.S. Bancorp
U.S. Bancorp

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