Had Care Credit for years NO MORE
I have had Care Credit for years, like 10 and NEVER late always paid more than minimum and had a decent limit around $3,800. Used for vet care, paid it down and saw they lowered my limit so I asked for increase and they gave it to me. Recently having teeth work done, using it and AGAIN they lowered my limit and again my credit score went down because of it. When you owe only 1/3 your credit score is not dinged but when you appear to be using ALL your credit, the credit reporting companies WILL lower your credit score. BUT Care Credit keeps lowering your limit amount down to where you are viewed as maxing out your card that LOWERS your credit score. THERE SHOULD BE A LAW AGAINST CREDITORS THAT DO THIS. I can see if your late paying but I NEVER was late. I WILL PAY THIS ..... off and NEVER use it again.