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Posts Tagged ‘ credit limit ’

Lowering credit limits can hurt credit scores

  • October 10th, 2012
  • Posted in Credit Scores . Featured

Dear Experian, I have heard that requesting lower credit limits can hurt your credit scores. Is this true? -MMB[ READ MORE ]

Deciding whether to close paid off accounts

  • July 18th, 2012
  • Posted in Credit Reports . Credit Scores

Dear Experian, I have four accounts that have a limit of $300 each. I have had these accounts for years. I would like to know if I should close them once I pay them off. I am concerned that having credit cards with low credit limits is negatively affecting me. - JLD[ READ MORE ]

Requesting lower credit limits could hurt credit scores

  • February 1st, 2012
  • Posted in Credit Scores

Dear Experian, If I lower my credit limits on my credit cards, does that lower my credit score? If so, why? - PGR[ READ MORE ]

Credit scores could be affected when credit limit is decreased

  • May 13th, 2009
  • Posted in Credit Scores

Dear Experian, My credit is spectacular! One card has decided to lower my credit limit. I have never been late for any cards and all have been paid off. Will this hurt my score? - DRU[ READ MORE ]

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