Senior Contributor
youngandcreditwrthy
Posts: 6,163
Registered: ‎08-16-2012
Re: Why would a CC lower your credit limit?
Lol... Don't feel bad... I worry myself to death about this too... Although I keep util low and make big pmts.

However... Neiman's, after Cap One took over, cut me from $750 to $505. Very crapital one like considering that was already my lowest limit. I never missed any payments or had ANY delinquencies.. So I just closed it. I'd say if you ever do experience balance chasing ( I never have), you should just threaten to close the account in question. Sometimes you really have to put up a fight with creditors, esp if you're creditworthy!:-)
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| Wmt Discover $12.5k | BR Visa $12.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Arrival $12.7k | Smile Gen $7.25k | Dillard's $5k| West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k