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#1
 
Old 10-12-2010, 04:13 PM
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Nicklas J is on a distinguished road
Default Drop in credit limit

I had my name removed from the credit card marketing lists. 2 weeks later I learned that Discover lowered my credit limit from $10,000 to $800.

Nothing changed with my finances in that time.

Do I have any recourse to get my limit back up?
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#2
 
Old 10-12-2010, 07:10 PM
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I would definitely try to get a higher credit limit. Credit card companies did that to a lot of people because of the economy. It's horrible for credit scores. I would ask for a higher limit and maybe threaten them with closing your account. It's complete bullshit what they do to people. That right there could have lowered your scores a ton and undeservedly so.
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