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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 …

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I Called Bank of America About My Reduced Credit Limit. They Reduced it More. – Charles

Charles “Dear Steve, Bank of America has lowered my credit line from 23000 to 16 and when I called to complain the dropped it down to the current level of 13500. I use my card in business and know they have the right to do this but what about the negative effect on my credit …

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Should I Do Debt Consolidation or Debt Settlement? – Jimi

Jimi “Dear Steve, I am $60,000 in credit card debt. The banks have lowered all my limits and raised all my interest rates astronomically. Is it better for my future credit to do Debt Consolidation or Debt Settlement? Thanks! Jimi” Dear Jimi, A debt consolidation could be refinancing the home mortgage to take cash out …

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How Can I Get My Credit Card Companies to Reinstate My Original Credit Limits? – Rob

“Dear Steve, I have perfect credit but the crdit card companies have bee lowering credit limits and then saying that ny balance is too close to the limit which affects my credit score. Is there any recourse I have against them to re-instate my original credit limits. I am no more a risk today than …

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