Citi decreased my credit line for a wrong entry on my credit report

[transistorized]

At the end of March I was wrongly reported as having missed my student loan repayments. Citi immediately dropped the credit line on my Dividends card (which I had for more than 3.5 years and never missed any payments) down to $800 and jacked the APR up to to 19.99%. I obviously didn't like what they did but I knew I had no recourse until I had that student loan issue resolved. I had that student loan issue issue taken care of and removed from my report from all 3 bureaus by mid-June or so, but I didn't bother contacting Citi after that because I thought they would restore my original credit line and APR automatically in a couple of months when they do their periodic soft-pull on my account.

 

After waiting in vain for a few months for them to do that, I finally gave them a call yesterday and was told that they cannot do that without putting it in as a credit line increase and doing a hardpull. They told me that they would have restored the original limit without a hardpull if I had contacted them within 90 days of my credit limit being reduced, but they cannot do it now. I am not sure what I should do now? I am thinking about calling back and threatening to cancel my creditcard if they won't restore my original credit limit and APR without a hardpull but I am not sure how successful that would be given the state of credit market right now. And frankly I would rather not cancel this credit card as this is my 2nd oldest credit card (out of 4) and I am young, 23, with a relatively short credit history as it is.

 

Any suggestions? Thanks in advance!

[Operation_Home_Ownership]

Threatening to close the card will do NOTHING to Citi, so dont throw out a threat that harms you only.

 

As for the hardpull, what is the big deal? A couple of points for a restoration in CL is worth it IMO. Keep your eyes on the BIG picture not the small temporary changes.