Capital One Lowered limit with no notice Internet

...but it isn't a valid complaint. Sorry to hear of your loss. I'm sure it's a very difficult situation. It sounded to me in your post like you carry a high balance on this specific card and likely on other credit cards you have. "Variable rate" cards can have limits raised/lowered and APR rates raised/lowered without warning or reason (some now have constraints based on the legislation in February). Did you know that the credit card companies have the right to pull your credit report to make a more sound business decision based upon your score, debt, and overall risk to their portfolio? That likely played into this as well. In a tough economy, creditors have to protect their assets as well so that they can continue lending out money to the right people and can make money off of those individuals. I have a 750+ credit score a limited debt to income and nearly all of my cards saw an increase of some amount and some cards even had a reduced limit. The companies are just reducing their overall risk right now and you need to manage your finances better or in other ways.