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Credit limit decrease

Cards & borrowing
When a lender reduces the maximum amount you can borrow on a credit card.

Overview

Lenders can reduce limits based on risk or account activity.

A lower limit can increase your utilisation ratio.

Why it matters

  • It can reduce your available credit.
  • It may increase utilisation and affect your score.
  • It can signal a change in lender risk view.

FAQs

Can a lender reduce my limit without asking?

Yes, lenders can adjust limits based on their policies.

Does a lower limit hurt my score?

It can if your utilisation increases as a result.

Related terms

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