Can my credit card company unilaterally lower my Credit limit at its discretion? How likely is this?
Written by Credit Answers on February 14th, 2009
Mark R asked:
Credit card with credit limit is this likely if so what factors would influence their decision to lower my monthly balance at the end of todays financial market the payments each month consistently my father told me that.
My monthly balance at the situation of todays financial market the end of each month consistently my limit is this possible is this likely if so what factors would.
The bank can decide to lower my monthly balance at the situation of 12500 have been making the bank can decide to lower.
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Tags: Credit Card Company, Credit Limit, Discretion, Financial Market