Credit cards

Received a notice from a 2nd credit card company that they have lowered my limit due to recent debt.  I do understand they have to do this, but it makes me mad that I have had credit for 40 years and have NEVER missed a payment anywhere! It's probably for the best, but it makes me feel like crap.

Replies

Leapyear22
Leapyear22

I understand, but, once you pay if off, they will increase it, but for now, for me, it would be a good thing. Hang in there, wreckage of our past, is a pain, but the good news is, you are in recovery, and will be able to keep your good credit, on your road to recovery.
jayd03
jayd03

It does make you feel like crap, I know it happened to me too. However, I my limits are already being raised, even after just a year of trying to turn this around. Hang in there, only temporary.