- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Credit score
@greenbait44 wrote:
Question: do the Big 3 consistently drop scores because of a lowered credit limit?
The following is a link to an Experian web site on which they state:
If a lender decides to reduce the credit limit on one of your accounts, your credit utilization ratio may spike, which can negatively impact your credit scores.
https://www.experian.com/blogs/ask-experian/does-a-credit-limit-decrease-hurt-your-credit-score/
‎September 13, 2020
2:33 PM