Barclays PLC Credit Card Complaint

Credit determination

Barclays PLC Credit card department,

Credit determination Arizona

I was advised last week that a credit limit on a card I have issued to me by Barclay Card was lowered from $8600.00 to $6500.00. I contacted the organization, and they advised that the right to reduce ( or raise ) the credit limit exists at their discretion, and it 's explained in the credit agreement that I signed when I had my card opened. While I did find that, what is troubling is that they accessed my credit report without my explicit authorization. I granted Barclay the right to access my credit report when I first opened the card, but not any subsequent times, which they assert is how they came to the conclusion to reduce my credit limit. I 've NEVER given Barclay ANY reason to think I would n't pay my credit card payment or the balance due. I 've always paid on time, I 've even paid off the card in total in the past. This reduction is unacceptable to me, as it should be to anyone who is an account holder at Barclay.

Barclays PLC customer in Arizona
Jan 23, 2017

* Source: CFPB Complaint Database

Barclays PLC response to complaint:
Closed with explanation

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