Who's getting CLD's and by what bank?

[Anonymous]

Just wondering how far this CLD issue is going.

Please post how much your CLD was,

Bank name,

Credit score.

Thank you. 

[Catch22]

CL of $12,000.00  Reduced in July to $8,500, reduced yesterday to $7,700.00  The seem to rewduce the lime about $400.00 above my balance.  This is Fidelity (FIA-Bank of America).  Never late, never missed a payment, never overlimit, go figure.  I could not get a decent answer by calling them.  Shredded the card and sent it back this morning.  I'm expecting BofA to follow because this is what happened the last time. Same situation.  So far, no movement on BofA.

[Catch22]

CL of $12,000.00  Reduced in July to $8,500, reduced yesterday to $7,700.00  The seem to reduce the line about $400.00 above my balance.  This is Fidelity (FIA-Bank of America).  Never late, never missed a payment, never overlimit, go figure.  I could not get a decent answer by calling them.  Shredded the card and sent it back this morning.  I'm expecting BofA to follow because this is what happened the last time. Same situation.  So far, no movement on BofA. (sorry I fat fingered a few things.  I'm angry!) BTW, I was nowhere close to the $12K.

[Anonymous]

So far so good.

[Anonymous]

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Catch22 wrote: (FIA-Bank of America).

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BOA has reduced CLs after about 6 months of slow pay (taking to long to reduce bal). What was your cedit score time if CLD? Did you just make a large payoff on another CC or BOA prior to the CLD?

[EW800]

I've been lucky so far.  I have four cards that each have between a $20K and $25K limit, so I have been anticipating some decreases.  I usually don't carry a balance on these of more than a couple of hundred dollars, so I am not sure if that comes into play. 

[Anonymous]

well so far so good for me (knock on wood).

[emanuelr1b]

I think if a customer has a lot of debt, they will reduce the credit limits.  A friend of mine had this experience.  She was never late on any credit cards but has a mountain of debt.  A credit union closed her gold and platinum cards and AMEX capped her platinum card soley because of her overall debt.  They ran her credit to see how much debt she had.

[fused]

Although I have very good scores and very clean reports, I expect all of my creditors to CLD me at some point. I have far too much available credit for them not to. When it happens, I don't know.

[Anonymous]

Amex strikes again. 2 more CLD's from people I know. CLD's were about a 60% chop. The people said nothing changed to trigger the CLD. Credit was good.