ST Alpha - "So my credit card company (of a card that I don't use much) cut my limit in half. Will that affect my credit score?" (Reading a Post)

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So my credit card company (of a card that I don't use much) cut my limit in half. Will that affect my credit score?

Posted by Dano (aka dano) Aug 13 '09, 16:54

I don't really care about the new limit because it's more than I need, but I wonder if it will be a negative on my credit report.

Responses:

nubby and redmond are right, but it would likely be marginal. - Subversive Aug 13, 16:57
Most likely it will. One of the many score changers is your credit available vs. your credit used. So that would lower the amount you have available - Redmond Aug 13, 16:56
Yes. % of available credit used is a factor. -- nm - nubby, Astronauts champion Aug 13, 16:55 6
- So is available credit though. -- nm - Cuzzin Todd Aug 13, 17:15
- fuckers - Dano Aug 13, 17:00 4
  - Is it Chase? They are the fuckers that just did this to me. - Redmond Aug 13, 17:03 3
    - I should check my card. thanks. -- nm - loosilu Aug 13, 17:36
    - Yes. It's Chase. -- nm - Dano Aug 13, 17:04 1
      - Well at least you can be happy your tax dollars are going to them too. -- nm - Redmond Aug 13, 17:07

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