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Question By
debaco

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Paid down & off accounts & 24 hours later CC companies dropped my limits, putting me back to 90%!!!
Wondering if this is legal. No missed payments.

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Top Contributor
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Yes, lenders can do this at their discretion. I'm guesing you usually carried a good size  balance and/or didn't pay a large monthly payment but near the minimum. Please read the articles here and on other websites to glean more information.

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