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Incorrect Limit Increasing and Decreasing

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Anonymous
Not applicable

Incorrect Limit Increasing and Decreasing

A couple times in the last few months, my alerts say (incorrectly) that my credit limit has increased. No credit limit changes have actually occurred on my cards). A few days later, I get another alert saying that I have an credit limit *decrease*, the numbers go back to normal,  but my score goes down a few points! What the hell, FICO?

Has this happened to anyone else? I can't Make a complaint common because the increase/decrease isn't attributed to any one card, just generally to my (Transunion) totals.

Message 1 of 4
3 REPLIES 3
IodineNightSky
Regular Contributor

Re: Incorrect Limit Increasing and Decreasing

Do you have a Fingerhut account? Those turds increase your limit and then decrease it if you don't buy anything with the most recent increase.

 

 

Current FICO 8s:
EQ: 712 - TU: 719 - EX: 707
Mortgage Ficos: EQ5: 708 - TU4: 729 - EX2: 700
Current Middle Mortgage Score: 708
Goal Scores: 740+


Message 2 of 4
Anonymous
Not applicable

Re: Incorrect Limit Increasing and Decreasing

I do have a Fingerhut account, and I got a sizeable credit limit increase soon after signing up with them, and that was noted accordingly and was several months before this weirdness occurred. I just used the account to buy a fairly big item, so I am on top of what my available credit is with them, over the past several weeks, especially, so it wasn't a yoyoing from them. I am assuming it's some glitch with Transunion, (and I wouldn't care, if not for the fact I've been twice penalized for losing credit limit increases that I never had in the first place!)

Message 3 of 4
NRB525
Super Contributor

Re: Incorrect Limit Increasing and Decreasing

What are the specific messages each time? TU has a couple of "aggregate" limits that include / exclude items depending.  Also, what sort of score change? A couple points is noise. Can you post screen images of the specific message info?

High Bal Jan 2009 $116k on $146k limits 80% Util.
Oct 2014 $46k on $127k 36% util EQ 722 TU 727 EX 727
April 2018 $18k on $344k 5% util EQ 806 TU 810 EX 812
Jan 2019 $7.6k on $360k EQ 832 TU 839 EX 831
March 2021 $33k on $312k EQ 796 TU 798 EX 801
May 2021 Paid all Installments and Mortgages, one new Mortgage EQ 761 TY 774 EX 777
April 2022 EQ=811 TU=807 EX=805 - TU VS 3.0 765
Message 4 of 4
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