salloux

Am getting an 'F' and credit utilization is near 100% on a balance of $487 with credit line of $500. Where does the $500 come from, as I have to Citibank cards with $20,000 line and a $2,000 line? Something is not right!

Also want to know why my credit score dropped so much to Aug. of last year?

I did same thing with My bank...will let you know how it works out.

Same thing happened to me (40 point drop) when a stolen card was cancelled, and new card had $2k limit, vs. $20k i had originally, and bank said, 'you don't use it, paid late once(which they credited back to me as it was their fault, and openly admitted it, in writting) so we are lowering your limit'. When will this be illegal?

In response to 'Brodermo' you said 'lender is not reorting to TU'. Same is happening to me! What can we do about it? And how can we correct mistakes on our credit report?