| Home | January 2019News | Should I ask my issuers to reduce my credit limits after my debt is paid off? |
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 Should I ask my issuers to reduce my credit limits after my debt is paid off?- Should I ask my issuers to reduce my credit limits after my debt is paid off?
- January 25, 2019
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Lower credit limits can hurt your credit score if you continue to carry balances on your cards after paying off your current debts. If you have less available credit, your credit utilization ratio will increase more quickly as you use your cards.
- View more at: https://www.creditcards.com/credit-card-news/should-i-ask-my-issuers-to-lower-my-credit-limits.php?aid=2741cce8&rss_lnk=25
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