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Credit Card Companies Keep Reducing My Credit Line as I Make Payments. – James

Several of the credit card companies that I am paying off are now reducing my line of credit by the amount of payments that I am making to pay off these debts.

Of course when they do this they always sight my credit report shows that my balances to available credit is too high.

How I am ever going to get my credit score up if they keep on reducing my credit lines? I feel that they are the ones who are doing this to me and I will never get my credit score at an acceptable level.


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  • Steve Rhode


    I understand your frustration but it’s a bit impossible to beat the creditors at their own game here. They have the right to reduce the limit based on their internal decisions. It’s their ball.

    The credit score is designed for the creditor, not the consumer, as an indication of the profitability and risk associated with each consumer.

    One way to get out of this cycle might be to explore consolidating your debt using one of the peer-to-peer networks. This way you could pay off your debt and the issue would no longer be a factor with the credit cards.

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