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Credit card reopened but no credit available


cinque8
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Hello,

My Mastercard  account was closed for several months because I was late on my payments. After I became current on my account and paid off the balance, the creditor reopened the account, but suspended the credit. Why would they reopen the account, but offer no credit?

Thank you

 

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  • 1 year later...
On 2/20/2021 at 11:29 PM, NatalieManning said:

It seems to me that due to the fact that you are overdue payments, you are no longer a top customer. Of course, I can be wrong, but usually the system works like this. You should be careful, because suspicious actions with your account or with your credit card may be an attempt at fraud. If you do not understand something, just call customer support and find out the reason, so it will be most reliable. Now there are a lot of scammers who dream of stealing your money. There is even a way to steal your money, which was given a name Verizon Carding Method. You need to be very careful to whom and where you disclose your personal data.

You can cover a small amount of debt with an inline loan so that the card is not blocked

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