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It is unlikely that the limit was lowered because of the pay off. Many card issuers are pulling limits back regardless of payment history or credit history. My suggestion would be to contact the card company and ask for an explanation of the reduction.

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โˆ™ 2009-08-13 15:58:32
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Credit and Debit Cards

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The law is derived from three main sources what are they

If there is an erroneous payment then

These funds last 5 years have limited use and cannot pay for new obligations

How do you know which transactions are awaiting your approval

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Q: Why was a widow's charge card credit limit decreased when she paid off her deceased husband's charge card?
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Related questions

Can a surviving spouse use her deceased husbands credit card?

Only if she is also on the account. If not, then absolutely not. You can get yourself in a heap of trouble by using the credit card of a deceased person. You must notify the credit card company of the death and close that account.


Are you liable for your husbands credit card?

Yes, you are liable for your husbands credit card.


What happens to husbands credit card debt if he dies?

The deceased's estate is going to be responsible. The spouse can be held as a beneficiary of the costs and by inheriting less from the estate.


Is accounts receivable increased or decreased by a credit?

decreased


Accounts receivable is decreased with a?

Accounts receivable is decreased with credit balance or by receiving the cash from customers.


In Massachusetts is a surviving spouse responsible for deceased husbands credit card debt?

Indirectly. The estate of the deceased husband is responsible for resolving all of his debts. Since the widow is going to be the primary beneficiary of the estate, she will inherit less because the estate has to pay the debt.


What if person uses deceased persons credit cards?

The use of a deceased person's credit card would constitute credit card fraud. Unlawful use of a credit card is a criminal offense.


Can a spouse continue to use a credit card of deceased husband?

No. She must get a credit card in her own name since the guarantor on the account is deceased.


How do you go about cancelling a deceased persons credit cards?

A good place to start would be to contact the credit reporting agencies and request a copy of the deceased's credit report to notify the creditors.


Who should you call if a credit card company listed you as deceased on your credit report?

You should call the credit card company.


What does a credit score of 9001 mean?

Account holder deceased


Does interest accrue on credit card debt after card holder is deceased?

Interest does not accrue on credit card debt after the card holder is deceased. It can occur however, if the spouse is on the account.


What is a sentence for charge?

I will charge the clothes to my credit card.


How do you get your ex-husbands bad credit record off of your credit reports?

You don't. You're screwed. Welcome to the world.


What does an annual fee mean with credit cards?

The annual fee of a credit card is a charge applied once yearly. This charge is the cost of having the credit card. There are many credit cards available that do not charge a fee. The credit cards that do charge a fee often offer rewards, like travel.


Who is responsible for a deceased person credit card?

Bank's Insurance company


Is spouse always responsible for deceased debts if they are not on the credit card application?

no


Who is responsible for a home equity line of credit after death?

The estate of the deceased.


What is maximum amount you can charge on a credit is called?

your credit limit


What is the maximum amount you can charge on a credit card?

Credit Limit


Is a Delaware spouse responsible for her dead husbands credit card bills?

Yes


Can a creditor remove a charge off?

Yes, a creditor can remove a charge off from your account and your credit reports. Credit bureaus can also delete charge offs from your credit report if they are disputed and not verified.


I-tunes charge to credit card?

You can have itunes charge to your credit card or buy a prepaid card either a itunes card or a prepaid credit card ...


My wife has been using a credit card of her deceased fathers credit I also used the card but did not know it was on his credit can i be held responsible for credit card fraud?

Yes!


How can I stop the charge when I can't recognize that charge in my credit card account?

Contact your bank or credit card company.