Repaying credit card and reducing credit limit

[AndyT77]

I am currently in the process of repaying a substantial Barclaycard bill, ran up by an ex partner of mine.

Using my online facility, i note that it is possible to reduce your own credit limit, as the balance is paid off. Is this a good idea in terms of how it affects your credit rating? I will keep a credit limit available on the card once paid in full, but nothing like it was in the past (and definitley no other card holders on the account!).

[SplatSpeed]

cut up the card?

[AndyT77]

The card is not in use, thanks for your reply.

[okgo]

I have done that on their website too.

Makes sense to me, lowers my exposure in the yes of lenders, and also stops me or anyone else being stupid.

[10AE]

Cutting your limit is a good thing as it'll lower your total available credit and if you apply for other finance this can/will be taken into account.

[AndyT77]

Okay, thanks for the info.