A credit line reduction is exactly what it sounds like-your bank is reducing the amount of credit available to you. A credit line reduction can be made at a consumer's request. For example, if you have loaned your credit card to your daughter, but want to make sure she doesn't spend too much money, you could call the bank and have your credit limit reduced.
On the other hand, your credit card companies may decide on their own to reduce the amount of available credit extended to you for several reasons. Primarily, credit line reductions result from a bank deciding that you are too great of a credit risk to maintain the credit limit it had previously extended you. Credit line reductions usually occur after a review of your credit report, which most banks conduct on a periodic basis. If your credit score has dropped significantly since the last time the bank reviewed your credit report, the bank may decide to reduce your credit limit or cancel your card altogether. A credit line reduction may indicate problems with your credit history, so you may want to pull a copy of your credit report and review it to try to identify the source of the problem.
Bills.com has more information to solve all of your credit issues and credit solutions at: http://www.bills.com/credit-solutions/
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