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  • FIRST POST
    • starM
    • By starM 9th May 18, 1:47 PM
    • 1,353Posts
    • 179Thanks
    starM
    Halifax credit limit reduction
    • #1
    • 9th May 18, 1:47 PM
    Halifax credit limit reduction 9th May 18 at 1:47 PM
    Hi,

    I have a Halifax credit card with credit limit of 6k. A few days I ago I used my Curve card and paid 980 pounds. This transcarion should have been cleared just yesterday.

    Today my credit limit has been reduced to 1200.

    I am wondering if that has happened because of Curve usage?

    I got a text saying my limit has been reduced and letter on it's way.

    I also have a Halifax/BOS reward account which I use it on regular basis. Their online loan screen shows I have been pre-approved for. Loan up to 44k.

    Apart from Curve I don't see Any other reason .
Page 1
    • zx81
    • By zx81 9th May 18, 1:51 PM
    • 16,800 Posts
    • 17,812 Thanks
    zx81
    • #2
    • 9th May 18, 1:51 PM
    • #2
    • 9th May 18, 1:51 PM
    No, it's unrelated.

    It's part of a regular realignment of limits.
    • starM
    • By starM 9th May 18, 1:54 PM
    • 1,353 Posts
    • 179 Thanks
    starM
    • #3
    • 9th May 18, 1:54 PM
    • #3
    • 9th May 18, 1:54 PM
    Will it have an effect on credit report showing limit was 6k and now it's only 1200?
    • eskbanker
    • By eskbanker 9th May 18, 2:01 PM
    • 7,094 Posts
    • 7,521 Thanks
    eskbanker
    • #4
    • 9th May 18, 2:01 PM
    • #4
    • 9th May 18, 2:01 PM
    Halifax credit limit refuction
    Originally posted by starM
    Are you unwittingly including your reaction to the news here?
    • zx81
    • By zx81 9th May 18, 2:04 PM
    • 16,800 Posts
    • 17,812 Thanks
    zx81
    • #5
    • 9th May 18, 2:04 PM
    • #5
    • 9th May 18, 2:04 PM
    Will it have an effect on credit report showing limit was 6k and now it's only 1200?
    Originally posted by starM
    Yes, your credit files will show your new limit.
    • chattychappy
    • By chattychappy 9th May 18, 10:29 PM
    • 6,763 Posts
    • 3,658 Thanks
    chattychappy
    • #6
    • 9th May 18, 10:29 PM
    • #6
    • 9th May 18, 10:29 PM
    Might be imagining it, but it seems to me a disproportionate of "cc reduced my limit" threads relate to Halifax.

    One time before they did this to a large group of cardholders (including me) and closed the accounts shortly afterwards. Turned out it was all a terrible mistake and they were re-opening accounts on request.
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