credit limit decreased

Jun 272010
 

I recently paid a nice chunk off on my Discover card (2000 from 5k balance), but was addming more to it with a recent business trip (maybe 1k more).  I see today that my I am $501 over the limit! They decreased my credit line. I assume it’s perfectly fine for them to do this, but is it really when it can cause damage to one’s credit score? I have never been over the limit with them and always paid on time, although my balance was always at the limit. NOw with me being $500 over the limit, I assume this will have a more negative effect on my score. True? If so, isnt there any recourse? I know, call them up, bla bla then hear their excuses and reasons and get nowhere.

Confused…please help!

May 122010
 

Ok, I have a couple questions.

 

1.  I pulled my cr on annualcreditreport.com (TransUnion) back in February and it says, estimated date that this item will be removed: 5/2010.  This is one of my paid collection accounts.  I pulled my reports last week and noticed it was off TransUnion and Equifax but it’s still reporting on Equifax.  Do you think the same thing will apply with Equifax and it will fall of maybe at the end of the month??? 

 

2.  The above cr (annualcredit) look like it has A LOT more negative marks that I see on myfico reports and experian.  Should all of these have the same information or will these be a little more condensed/cleaned up?

 

Thanks for your help.