Just what you feared: The credit card slashers, who just took away some of your credit on your credit cards, might have left you with a worse credit score too.
In other words, if you recently opened your mail and found out that your credit card firm was going to reduce the amount you can charge, you might now look like more of a slob with your credit than you ever did in the past. Yes, when you had your line of credit cut, that also might have triggered a lower FICO score....even though you didn't do anything wrong. That matters because your FICO score generally determines whether you get loans, and how much interest you will pay on everything from mortgages to cars.
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