What is a credit card credit limit decrease?

@jaylin.bartell 

A credit card credit limit decrease refers to a reduction in the maximum amount of credit that a credit cardholder can borrow or spend on their credit card. This can occur due to various reasons such as a decline in the cardholder's credit score, missed or late payments on the card, excessive utilization of the credit limit, or changes in the card issuer's risk assessment. The credit limit decrease can restrict the cardholder's ability to make larger purchases or carry a higher balance on their credit card.