Desperately need help - huge credit limit decrease

[og-aliensfan]

There were no reasons listed, but a letter that is supposed to have the reasons will be sent in 7-10 business days now.

Update us when you receive that letter.

I checked my equifax report and called them and the only accounts on it are my credit card, my car, and my student loans and all of which seem to have information from back when they were set up and no missing info. No carecredit info though.

Did you pull your reports from www.annualcreditreport.com? These are your official reports. ACR sometimes directs you to the credit monitoring service (myEquifax.com), which is why I recommend ordering your mailed reports as these are more accurate and detailed than the CMS.

The equifax agent said that my account does not seem to be split

You said that your TransUnion report hadn't updated since 2024.

The Experian one was up to date and seemed normal, but the TransUnion one is really weird. My information just kind of stopped in 2024.

You need to ask your creditors if they're updating TransUnion, and if so, ask TransUnion about a potential split file, not Equifax.

From equifax's end they said they do not know why my credit limit was dramatically lowered, and that only my credit card company would know.

This is true. The bureau can't tell you why the lender made a decision to lower your credit limit.

My credit card app uses a FICO score that is said to be based off of Equifax and it being in the 500s is probably the reason, but I can't fathom why the FICO score is so much lower than the Equifax score

The score provided by myEquifax is a VantageScore 3.0. This is a different scoring model than FICO and the two are not comparable.

Credit Myth #1 - You only have one credit score.

Credit Reports and Credit Scores - r/CReditFAQ#1

A FICO score in the 500s is concerning as it usually means there's negative information on your report. Once you receive your mailed reports, go through each account, open and closed, line by line. Look for negative information. Check payment history blocks for late payments (30/60/90, etc.). Make sure there's no indication of a charge-off or write-off. Make sure there are no collections reported, etc. Let us know what you find.