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Small Balance Write Off

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IaBoy62
Established Contributor

Small Balance Write Off

I guess I learned something new that was addressed in another thread on here last year.

 

I let $2 balances report on four  Comenity store cards so my new higher credit limits would report and I see on the statements I owe nothing because they wrote off the $2 balance on each account as a"small balance write off."

 

This is a first for me......always had to pay in the past.

 

I'm not so sure I need to let balances report anymore because it looks like they might be reporting new higher credit limits when I don't have a balance??  Is that true??

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