Do you have any issues with your Macy's Card? They lowered my credit available without giving a reason. I will

pay over the amount due, have a low balance almost paid off, and I have no other late cards. My over all credit use is low, meaning I am not carrying high balances or using much of my credit. What gives? Has anything like this happened to you?|||Well, if you are using only a small amount of the available credit on a regular basis i.e. have a $2000 limit %26amp; don't carry more than $500 on the card, why should they let you have the larger limit. It is a waste of time in their view. A lot of credit cards (especially boutique cards) offer specials to people with higher limits on their cards to entice them to use them. If you aren't using, why should they spend their time %26amp; money on trying to get you to do so? Remember, they are a business also. Also, if you have been late on anything to do with credit %26amp; it gets reported to the credit bureau, your credit card contract states they can take action on their card even if it wasnt their card you were late or over limit on. Almost all credit cards have this in their application and/or rules of use.|||Has there been a change in your job status? Have you opened new accounts anywhere? Have you changed your overall payment style? I.e., you used to pay your cards off in full but are now running balances more often.





Creditors occasionally review your credit report looking for any changes. When you say that you are not using a lot of credit that's not too important to a credit card issuer. When looking at credit history, card issuers typically assume that you are "maxed out" in credit. They do that because they know that if you have $25,000 in credit available, then at any moment you can literally be $25,000 in debt. It doesnt matter if you have 0 balances.





So, for example, if you opened say 4 new accounts, Macys might see that you raised your potential debt load by say $10,000. They might not be comfortable with that given your income, payment history, etc., so they might decide to lower your available credit.





Lastly, if they did not give you an explanation (they typically do), then I would get a copy of your credit report quickly. You want to make sure something hasnt appeared on your history that you dont know about, like ID theft or something.|||CC reworking balances more often now, probably your credit score drop, you should run your credit report, something there, you don't know, maybe medical bills, student loan or ....???? Good Luck!|||Considering that store credit cards usually have the highest interest rates, you shouldn't be carrying any balances at all on that card. Paid it all off.