So i got in the mail today a letter from my credit card company telling me that they were lowering my credit limit. I don't use this card much, don't carry a balance on it and definitely don't need a $14,000 limit but am just wondering does it affect my credit score or anything?
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It shouldn't effect it at all...
1This happened to me to! Except because I carried a balance on it, it lowered my balance/credit available ratio which did lower my score. It really sucks.
i didn't even think to look into it until I went to this workshop on finances.
http://www.kwanzajones.com/ssb/
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