Large Point Drop - Decrease CL?

Discussion in 'Credit Talk' started by BostonJeff, Aug 19, 2003.

  1. BostonJeff

    BostonJeff Well-Known Member

    Hello All,

    My credit rating recently to a noise dive from 643 to 617 due to an auto loan coming on and the inquires associated with finding a loan. My question is do the big 3 report significant changes in credit scores back to the lenders and if so how often do credit card companies cut your limit based on a score drop. I've had a visa with a 10K limit for about a year in perfect standing and I would hate to see it cut due to this. Your feedback is appreciated.


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