advice needed

[kasper]

I would like advice about my Lloyds TSB Mastercard. I booked a holiday on thursday and it all went through okay. When I did internet banking today (Saturday) I see that my credit limit has been reduced not sure of when this was done but it was not before I booked my holiday as checked I had enough credit to be able to pay with my credit card. I am therefore over my credit limit by £1000.
I did not receive any notification that my credit limit was going to be lowered and would not have booked my holiday and paid with the credit care if I had known.
When I telephoned the bank today they said that I needed to pay the £1000 asap so the account was not over the credit limit - and they gave me another telephone number to discuss why the credit limit was reduced.
Any advice on this matter would be greatly appreciated
Thanks

[Happyolddog]

Re: advice needed

Hi Kasper,
You and 2 million others have had your credit cut, the banks can do this if they believe you might not be able to manage your credit. Please read here. The only thing you can do is ask your card provider for their reason for their action and explain how it has affected your plans.