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@Np1791 wrote:
Honda just reported to my credit bureaus and I got alerted by Experian that my credit dropped. I checked why and it was Honda reporting my new balance after a payment. Okay? I got dinged for making a payment? It then says that my credit limit got decreased. How? It’s a lease aka a loan not a credit line. What should I do? I can’t afford to lose points every month because I’m making payments.
Have TU and EQ updated yet after your payment? How many points did you lose? My car loan(ALLY), reports as a CFA on Experian only and not on TU or EQ. I'm hoping this isn't the case for you.