[QUOTE=NorCalCoug;294518]By law (Reg B) they have to disclose the reasons for adverse action within 30 days. The only time that this isn't required is if you are in "breach of contract" - in other words delinquent. If they can't give specific reasons then they are out of compliance. "
Lowering an un-utilized balance is NOT considered an "adverse action." It does not require compliance with Reg B - notification of the reason for adverse action.
If you called up and asked for a line increase, and they denied it, they'd have to notify you in writing why they did. But lowering an unused line is considered a positive risk avoidance action for both the company and you, and doesn't even require that they tell you they've lowered your line - except in your monthly statement.
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The same old statman...
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