Credit Cornerstone Weekly Credit Trends and Data Intelligence
Bankcard credit limit changes caused no adverse effect among consumers
June 3, 2010

In Q1 2009, approximately 49 percent of consumers were subject to a credit line reduction on their bankcard accounts, while only 14 percent received an increase. A recent VantageScore® study showed that the majority of these decreases had no adverse impact on consumer behavior and resulted in removing a significant amount of excess, unused credit from the system.

Source: 2010 study by VantageScore Solutions, LLC


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VantageScore® is owned by VantageScore Solutions, LLC.
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