Why?
Will this also hurt my credit score significantly?
Also, can it ever go back up again?
This company, Juniper claims that it did so because I have too many new accounts open, and too much debt, which is BS at least on the debt part.
Are they afraid or something?
Anyways, I think this is completely rude, and shows absolutely NO faith in the customer. In anycase, they make money off of us, and a higher line means more money spent, and if anything they can make interest off of you.
SO, why the hell would they, if they had any brains, lower someone's limit?
That's showing a SERIOUS lack of trust.
Should I just close the account? THe limit is now at a pathetic $250, down from $1000. It's ridiculous, and this makes me lose respect in the company.
ALSO, I've actually paid in FULL about twice and was on good standing when this happened with them too.
Can other companies do this too, or does it vary?
This is just somewhat depressing.
2007-11-06
21:44:52
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4 answers
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asked by
Anonymous
in
Credit