Target National Bank Complaint - Target Company going under financially?
MINNEAPOLIS, MINNESOTA -- I think that Target Stores may be going under financially, or is in the process of being bought out by another company (possibly Wal-Mart?). My credit card limit has just been reduced, and when I called them to complain (I have a perfect payment history with them) they told me that they are allowed to reduce the credit limit at any time, without warning, for any reason "not prohibited by law" (interesting clause there), ___even_if_the_reason_has_nothing_
to_do_with_the_customer. I think that they must be going under or being bought out by another bank or store, because I have another credit card with a limit four times as high and they have no problem with me.
This is sad because I used to really like Target. I have some inside experience with them, however (as a temporary employee), and I must say it was a really scary place to work, at least at the downtown/national headquarters in Minneapolis.
More Reviews on Target National Bank: