Saturday, August 18th 2018


Can a credit card company lower your credit limit?

Interesting Question?   (4)   (4)

Answers (1)

22nd Feb 2011 by admint

Yes, especially today that the economic crisis has been hitting banks and other financial institutions hard. Through universal evaluation, banks review customers’ limits, interest rates and fees. The concern of the banks is that consumers may have access to limits beyond their repayment capability. Like the power or banks to increase your limit, they can also decrease it.

Like This Answer?   (0)   (0)
This answer is the subjective opinion of the writer and not of

20th Apr 2010 In Credit Card 1 Answers | 487 Views
Subjects: credit card, credit card company, credit limit,

Answer This Question / Give Your Opinion
Can a credit card company lower your credit limit?

Answer: *

What country is this answer relevent to? *
Your Name: *

Enter Verification Number: *

Give Your Opinion
What is Equity Brokerage?
Share a simple answer to help inform others:
Specific to any country?
First name / Alias

• Your answer will be posted here:
What is Equity Brokerage?
Unanswered Questions in Credit Card
Which is the best NAB credit card?
Where can i apply for orchard bank credit card?
What do i need to apply for an Ireland credit card?
can a 18 year old get a credit card?
Can i use my debit card as a credit card?

Answered Questions in Credit Card
Why would a credit card get declined?
Where can i apply for tribute credit card?
Can i use a debit card as a credit card?
What is a charge card?
How can i apply for a credit card online?
Ask A Question
Get opinions on what you want to know:
Specific to any country?