Will Lowering My Credit Card Limit Hurt My Credit Score?

Welcome to the “2-Minute Money Manager,” a short video feature answering money questions submitted by readers and viewers. Today’s question is about credit scores; specifically, whether lowering your credit limit could hurt your credit score. Watch the following video, and you’ll pick up some valuable info. Or, if you prefer, scroll down to read the full transcript and find out what I said.

Original Article Posted at : https://www.moneytalksnews.com/will-lowering-my-credit-card-limit-hurt-my-credit-score/