cinque8

Credit card reopened but no credit available

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Hello,

My Mastercard  account was closed for several months because I was late on my payments. After I became current on my account and paid off the balance, the creditor reopened the account, but suspended the credit. Why would they reopen the account, but offer no credit?

Thank you

 

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5 hours ago, cinque8 said:

Why would they reopen the account, but offer no credit?

Your previous history combined with the current economic covidiocy along with lenders severely tightening their lending and credit lines up.

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