Can Someone Please Answer This Question For Me?
I asked t his question in the Credit Forum but did not get a response: I recently received a letter from one of my major credit cards telling me that they did an inquiry in my credit, and because of my high balance revolving line of credit, they have reduced my credit line. They got the information from Equifax. My question is can they go back ,after years of already being accepted for credit, and search into my credit without my permission?
I had that happen to me once. I think it is part of the fine print of the card user agreement...
Sorry for the downer :-?
yes they can, if it says so in your agreement and it most likely does. read your contract........km
Thank you for your answering my question. I just had the account close, they just pissed me off.