Interest rate reduction request for Line of Credit at a Credit Union

[Anonymous]

I have a line of credit with my credit union which is not reported on any CRA, will it result in a hard inquiry if I request a reduction in my interest rate? It's handy for overdraft protect and very short-term short falls, but with a lower interest I would consider using it for longer term projects and it's nice that it's off the radar as far as the CRA is concerned.

Message Edited by macca1892 on 07-02-2008 12:46 PM

[Anonymous]

We don't know your credit union's policy. I recommend you call and ask them - no harm will come from asking, especially if you ask without giving them your name or account number.