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CareCredit Limit Reduction

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soxfaininfl
Established Contributor

CareCredit Limit Reduction

Well, that was quick! I was approved for 1k starting CL on 2/9, and I was planning on using the card tomorrow and they have already reduced my limit to 537. Lol, gotta love synchrony bank. I'm currently enrolled with Freedom debt relief to eliminate debt, so I guess I had this coming with synchrony. I'm trying to improve my scores while I'm in that program.

 

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Message 1 of 7
6 REPLIES 6
DeeBee78
Valued Contributor

Re: CareCredit Limit Reduction

Only thing I have to say is you probably shouldn't be credit seeking and using credit while you're in a debt consolidation program. 




Message 2 of 7
Stuart89
New Member

Re: CareCredit Limit Reduction

What changed since you applied? Wondering how they caught on…

Message 3 of 7
Jnbmom
Credit Mentor

Re: CareCredit Limit Reduction


@DeeBee78 wrote:

Only thing I have to say is you probably shouldn't be credit seeking and using credit while you're in a debt consolidation program. 


💯 agree you should  NOT  be applying for anything while you are in a program 😳

EXP 780 EQ 796 TU 810
Message 4 of 7
soxfaininfl
Established Contributor

Re: CareCredit Limit Reduction


@Stuart89 wrote:

What changed since you applied? Wondering how they caught on…


Nothing has really changed. My scores are the same. I'm paying in full the every month the accounts I have open. The more positive accounts I have reporting the quicker my scores will rise. I have a year and half left in this credit program to go. 





Message 5 of 7
FicoMike0
Senior Contributor

Re: CareCredit Limit Reduction

That's not much good, even $1000 would seem low for the sort of things care bears card is generally used for.

sync sux!

 

Message 6 of 7
soxfaininfl
Established Contributor

Re: CareCredit Limit Reduction


@FicoMike0 wrote:

That's not much good, even $1000 would seem low for the sort of things care bears card is generally used for.

sync sux!

 


Yeah they are not great. I'm just going to use this card for like copays at doctors office or at Walgreens or Walmart for health products on a monthly basis. I just ordered cat litter with my CareCredit at Walmart.com.





Message 7 of 7
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