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Can you decline a credit limit increase?

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As we have talked about, sometimes a credit card company will try to increase your credit limit even if you don’t ask them to do that. In most cases as we’ve talked about on this site, that can be a very good thing.

However, you might not actually want that increase. Sometimes, people know they will just fall into more debt, or they are worried about having the card stolen and only want to have the limit as high as they need. In these cases, you might want to decline a credit limit increase.

Fortunately, this is something you can do.

For some increases, you are told that you are granted an increase, but you have to opt in to receive. In this case, it’s easy. You just need to not opt in, and you are set. In this case, you didn’t necessarily decline the increase, you simply didn’t accept it.

Sometimes though, your credit card company tells you that you are getting an increase. In this case, you will have to call them. If the increase has not been granted, just call and tell them you don’t want it. If it has been granted or increased already, you can call them and ask them to drop your limit back down.

It shouldn’t be a problem to decline your increase, and I don’t think that the credit card company should give you any problems at all.

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