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Posts Tagged ‘Credit Limit’

 

How often can credit card companies reduce my limit on my credit card?

Friday, June 10th, 2011
Ebubekir K asked:


I got a letter from a credit card company saying that they have reduced my credit limit without any previous warning. Is there a limit to how often can they do this? Can they do it how ever many times they wish? For example, once every six months/year?

Also, Is there any way to see it coming?
The letter is not the warning because when i get the letter, the limit change is already in effect.

Jesus