Stop Credit Card companies are lowering credit limits on good paying customers. The end result is a crime in that good paying customers are having there credit score reduced as much as 60 points depending on your total amount of credit card debt because credit card companies / banks are reducing credit limits close to the balance owed on those cards. This act appears to show to creditors you might seek new credit from that you are a risk because you cards are maxed out when you probably were not before the limits were reduced. Even if you pay down on the balances, credit card companies such as Bank of America and Citi are continuing to lower those limits on those cards as you pay them dow...
(more)
