Legal Question in Consumer Law in Virginia

My kohls department store credit card was canceled by someone in their corporate office. The reason given is that I spend too much money at Kohls and that they do not sell to resellers. I am in Richmond, Va and I do not believe that it is legal for Kohls to cancel a credit card for this reason. Am I correct?

Asked on 8/06/13, 1:46 pm

1 Answer from Attorneys

Michael E. Hendrickson Attorney & Counsellor at Law
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No, you are not correct since it is normally not only within the discretion of any given creditor to offer such credit but also to cancel it for any number of reasons, some of which the credit card account holder may understandably disagree with.

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Answered on 8/06/13, 2:08 pm

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