Old May 11, 20, 5:43 am
Join Date: Oct 2007
Posts: 4,494
Originally Posted by JohnnyCarmello View Post
is there any impact on credit limit when you downgrade? I had hoped to buy a house later this year, and although it's likely to be 2021, I still don't want to take any unnecessary hits to my credit score right now.
I downgraded this morning. According to the agent the account number, pin, etc. all stays the same, but I didn't ask about the credit limit. Does it count as a new credit application and have an effect on your credit score? I don't know, but I've just checked my account and the downgrade is already showing and the credit limit is the same so I suspect not.
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