Consumer complaint received 2023-07-24
Company: AMERICAN EXPRESS COMPANY
State: FL
Product: Credit card or prepaid card
Sub-product: General-purpose credit card or charge card
Issue: Trouble using your card
Sub-issue: Credit card company won't increase or decrease your credit limit

Complaint:
I received an email fromAmericanExpress '' After a recent review, your credit limit has been reduced to {$1000.00}. The cash advance limit is {$200.00} '' and " Amex virtual card number has been suspended ''. Conditional Acceptance of your claim. Please prove theaccount was not paid? This is an attempt to validate a debt againstAmericanExpress. This response is not a refusal to pay, this response is my conditional acceptance toAmericanExpresson the conditions being met as required by Commerce. Intentional Misrepresentation and Breach of Contract. Please provide a true bill of Commerce or increasecredit card to {$50.00} ALL my credit cards accounts within XXXX hours. Fix payments errors and increase my credit limit for ALL cards. 

Adverse action against a consumer is AGAINST THE LAW according to the EqualCreditOpportunity Act which is codified in 15 U.S.C 1691c and is pursuant to civil liability under 15 U.S.C 1692k. It has come to my attention that I have been making payments in error pursuant to 12 CFR 1026.13. Since the inception of the account which is defined under 12 CFR 1002.2 defined as extension of credit and the word account refers only to open-end credit. Open-end credit is defined via Truth in Lending ( 12 CFR 1026.2 ) see below : Open-end credit means consum
er credit extended by a creditor under a plan in which : ( i ) The creditor reasonably contemplates repeated transactions ; ( ii ) The creditor may impose a finance charge from time to time on an outstanding unpaid balance ; and ( iii ) The amount of credit that may be extended to the consumer during the term of the plan ( up to any limit set by the creditor ) is generally made available to the extent that any outstanding balance is repaid.

You have been requiring Federal Reserve notes as payment, when in fact the application with financial information account served as an asset, which satisfied the monthly obligation pursuant to 12 CFR 360.6 ( 2 ) as well as self-liquidating paper pursuant to 17 CFR 260.11b-6. This is considered an unauthorized use since I have received NO BENEFIT. This will also serve as notice of breach of fiduciary duty ( U.C.C. 3-307 ). Following this notice if said financial assets are not either returned to the referenced Creditor/Bailor/Beneficiary via mail within Three ( 3 ) business days or accepted for its intended purpose within Three ( 3 ) business days of the receipt of this notice, an SEC complaint will be filed pursuant to 17 CFR 240.15c1-2 and 17 CFR 240.10b-5. As well as an IRS complaint for abusive tax schemes involving the SEC filed trust arrangement.

Furthermore I have noticed that you have been redeeming the remittance coupons/ instrument as a non-cash item ( 12 CFR 210.2 ( k ) / ( 12 CFR 229.2 ( u ) ( 4 ). Pursuant to 15 U.S Code 1691 ( C ) and you assume civil liability pursuant to 15 U.S Code 1691 ( K ). ADD YOUR BANK has violated my federally protected consumer rights.

Pursuant to the aforementioned codes, I demand all credits be returned on all remittances/ coupons at the inception of the accounts. Furthermore an open-end consumer credit card ( 15 U.S.C. 1602 ( m ) ) with monthly credit by the applicable law ( 15 U.S.C. 1602 ( j ) ). Balance will be zeroed on a monthly basis via special deposit of the interest- bearing coupons associated on the itemization statement. 
This is your opportunity to cure as well as your default for the servicing of the aforementioned account. 

A national bank has no power to lend its credit to any person or corporation... XXXX XXXX XXXX XXXX XXXXXXXX XXXX XXXX XXXX XXXX XXXX XXXX, XXXX denied in XXXX XXXX XXXX XXXX XXXX XXXX XXXX LED XXXX of expert witness XXXX XXXX XXXX XXXX STATE OF MICHIGAN. IN THE CIRCUIT COURT FOR XXXX XXXX OF XXXX ) XXXX XXXX, XXXX,. ) XXXX. Plaintiff,. ) XXXX. XXXX XXXX XXXX ( Attached, Affidavit of expert witness XXXX XXXX XXXX ) See-U.S. Constitution,1789, Article 1, Section 10. No state shall make anything but gold and silver coin a tender in payment of debts Desired settlement andresolutionReopen my credit cards and increase my credit limit, Thank you!

Company response to consumer: Closed with explanation