My scores are not the best but I am rebuilding. I recently made a $150 payment to lower my util on this card. My prev CL was $800 and now they dropped it to $660! This sucks! I have never had a late payment with them or anything! I did recently req a CLI and was denied. I wonder if I caused it by req the CLI???? Anyone have any experience w/ this??
NFCU cash $25k | BofA Custom Cash $25k | Amex BCP $18k| Costco Anywhere $14.5k | Apple Card $5.25k | Cap One QS $4.5k | Sephora Visa $4k | Discover It $3.5k | Citi DC $3.5k | Citi AA Mile Up $3.1k | Chase Amazon $3k | Amex ED $3k | Chase IHG $3k | Chase Freedom Unlimited $2.5k | Chase Freedom $2.5k | Citi Rewards $2k | Last HP 8/16/22
From my understanding banks do this to adjust their risk portfolio. Basically they give your 150 dollar decrease to someone else as an increase or as a part of new credit. Has the account been dormant for awhile?
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Not dormant at all. I had used it fairly frequently. Is it possible that they will continue to lower my CL? I really hate to see what it's going to my score
It's possible, they can adjust limits any time they want basically. what did they state as the reason for denial of your CLI request?
It said my balances were too high to my CL. Its why I req the CLI! I thought it was a SP. They only reason I risked it. I think it may have been a HP though.