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Walmart Decrease 2,200 to 400

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911gt34life
Frequent Contributor

Walmart Decrease 2,200 to 400

walmart has decrease my credit from 2200 to 400 but you guys  think time to close walmart account don't use it anyway.

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Message 1 of 8
7 REPLIES 7
Dalmus
Valued Contributor

Re: Walmart Decrease 2,200 to 400


@911gt34life wrote:

walmart has decrease my credit from 2200 to 400 but you guys  think time to close walmart account don't use it anyway.


 If you don't use it, I would dump it.  Your utilization is already hit from the CL drop.  Another $400 won't hurt.   It'll be one less card to keep track of!

NFCU MR: $25K | Venture: $21K | Amex ED: $18K | NFCU CR: $18K | Amex BCE: $15K | IT #1: $17.5K | PNC Core: $15K | PPMC:  $12K | Wells Fargo: $11K | Savor: 12K | Cap1 QS: $8.5K | Barclays Rewards: $7.75K | IT #2: $7.3K | MLife: $9.5K | Sportsman's Guide: $8.7K | PenFed PR: $5.5K | Elan Plat: $2.3K | TRV: $3.6K | BotW: $3K


Current FICO 8 Scores: EQ: 828| TU: 805 | EX: 814


Message 2 of 8
Anonymous
Not applicable

Re: Walmart Decrease 2,200 to 400


@911gt34life wrote:

walmart has decrease my credit from 2200 to 400 but you guys  think time to close walmart account don't use it anyway.


If the account is off no use then close it.  Why was the limit decreased?

Message 3 of 8
911gt34life
Frequent Contributor

Re: Walmart Decrease 2,200 to 400

i have no idea why credit drop but i close it anyway,

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Message 4 of 8
willwar14
Valued Contributor

Re: Walmart Decrease 2,200 to 400

When is the last time the account was active?

CH7 FILED: 08/18/2022, DC: 01/23/2023
Message 5 of 8
Anonymous
Not applicable

Re: Walmart Decrease 2,200 to 400

Note to self: use all Synchrony cards monthly.

 

 

Sorry this happened, OP.

Message 6 of 8
Chris679
Established Contributor

Re: Walmart Decrease 2,200 to 400

They did this two me after two years of inactivity. CLD two months in a row and then they closed it on month three. Happened a couple years ago and I was pissed at the time but I don't miss it.
Message 7 of 8
jpope1294
Valued Member

Re: Walmart Decrease 2,200 to 400

Same thing happened to me.  Went from a $750 to $100.  Don't know what I will do with it so I added my college student daughter as an authorized user so she can pick up items when needed.  Other than that I would have closed the card because it is useless to me.

Message 8 of 8
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