Can credit card companies just raise and lower my limit?
In a word? YES!
What happens when your credit score goes up or down? Typically, lots of things happen, most of which aren’t good!
Watch this weeks Frank Talk with Gilbert to get the lowdown. Gilbert let’s us in on what happens behind the scenes, what happens in the blink of an eye and what takes longer. As with nearly everything associated with the credit industry, things aren’t as you think.
In answer to the question Can credit card companies just raise and lower my limit, as the Romans used to say, “Caveat emptor” – Let the buyer beware!