Reduce Credit limit and APR

[Anonymous]

I had bad credit in the past and have rebuilt it. The 2 credit cards that I got were initially cards to help rebuild my credit. As my credit has improved my credit limit has increased without my request. The interest rates are 19.9% which is high. I am under 30% utilization for the credit with a 18k credit limit. I don't need the credit limit to be so high. I also would like a credit that didnt have such a high APR. What should I do? Should I get another get with a better rate and do a BT? how do I keep from getting my credit limit increased without my consent?

[Anonymous]

Who is the card issuer?

[Anonymous]

Request an APR reduction-

[Anonymous]

issi27 wrote:
 As my credit has improved my credit limit has increased without my request.   

 how do I keep from getting my credit limit increased without my consent?

Welcome issi27,

That's a GREAT!   It's soft inq and does not affect to your CR that all.   Just let it happen.  I wish I can get CLI like you, and everyone wants it too.

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issi27 wrote:
I am under 30% utilization for the credit with a 18k credit limit. I don't need the credit limit to be so high.

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Keep your CL as current even you don't need that much.   It shows you are responsible!!  It does not hurt your CR and score, it is helping your CR and score instead.  If reduce it, your CCs util will goes-up and your score will goes-down.  This is BAD!

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issi27 wrote:
The interest rates are 19.9% which is high. I also would like a credit that didnt have such a high APR. What should I do?

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Ask to lower your CC's APR as Timothy said! 

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issi27 wrote:
Should I get another get with a better rate and do a BT?

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It depend how many CCs you have and you want to have another CC or not.  If you make BT after you get another CC, it will lower your current CC's util.  Which is very good!!   Your score will change it depend how much is the your new CC's CL and how much you make BT to your new CC.

Play the game right.   Then you will be fine.