FlyerTalk Forums - View Single Post - Voluntarily Reducing Credit Limit
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Old Sep 28, 2011 | 9:43 pm
  #7  
ijk3234
10 Years on Site
 
Join Date: Jan 2011
Posts: 107
Reducing your AMEX credit will actually hurt your chances of getting approved. One of the factors that is built into your credit score is the % of your available credit that you're using (with a lower utilization being preferred). If you decrease your amex credit line, your % utilization will increase and your score could decline.
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