 Do banks raise credit limits on cards without you asking for it? |
Its just that I've noticed by HSBC Mastercard's limit has been massivly increased. I've had it a year, kept a good credit history, but never asked for the limit to be raised.
Is ... |
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 Can I find out the name of the person who lives at a particular address in the UK? |
Additional Details
It's just that I owe this person quite a sum of money and want to clear my conscience.... |
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 If I bring my change to the bank will they count it for me? |
I bank at the Bank of America, if that matters.
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So, based on the answers I sucked it up and called. Turns out this bank location near me has a $12 counting fee for ... |
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 I have a slight problem i was with this guy for 4 years and evenully we got a car together and i co-signed for |
| it but both our names are on it now we're broke up and i want to get the car out of my name i have not seen nor heard from him in 3-4 years now nor have i seen the car how do i go about getting ... |
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 Is there any way to stop collection agents from calling me? |
| Or do I have to just pay them to get them to stop harassing me? I had a debt go to collections many years ago and they are still bothering me.... |
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 Need a bad credit loan. My credit score is 643. No payday loans pls. Need 3000 soon or more for debt con.? |
| Applied with citi, cap one,AmOne no luck only finding payday loans on the internet or pay up front places. Need your all help to find a good lender. THANKS.... |
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| I know how to reclaim all your unfair bank charges from the bank? |
Want to know how,
Has anyone else had success and if so how much, I got £2200 back in charges over a 6 year period.
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well guys, see sarah lou's answer ... |
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 I need your help with a credit card question? |
| I hear a lot about credit line and really have not found what i want. When a person is issued something like an $800 credit line, what does it mean? It is the maximum credit you are given, but does ... |
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 Can I file bankruptcy if I don't own a home? |
| I am overwheled with bills and I have several bill collectors calling me all the time. I pay a high amount in child support each month and I have gotten so far behind I can't even think about ... |
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 Is there a difference between credit cards and debit cards? |
| I want to purchase something online and all i have is a debit card. So i was just wondering if there is a difference. If i were to fill in the particulars of my debit card when they ask for the ... |
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 How can I get a credit card with rewards when I have bad credit? |
| Hi. My wife and I both have terrible credit, and are looking for a credit card with rewards such as cash back or sky miles. We use our visa cards that are tied into our checking accounts so much ... |
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 How the crap can a young person with no credit build credit if they are always denied credit? |
| I am 22 years old with no credit history. I want to try and start building credit, but everyone denies me. Where do I begin?... |
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 I owe more than 50,000. Help, i'm in the deepest hole ever.? |
| I owe more than 50,000. and my husband doesn't know about it. How can I lower my debt? He's planning on "us" borrowing money, but who will lend us the money since I owe tooooo ... |
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 After registering a capital one credit card how long until it can be used? |
| i have a credit card and i have activated it, but ive tried using it and its being declined. how long will i have to wait until it works?... |
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Judy | Have you had your credit limit decreased? |
If so, were you paying just the minimum? |
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Pojo
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Nope, but then I do not have 29 pages of credit card info on my credit reports either? |
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sonrisa.traviesa
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Yes, I have had my credit limit decreased while only making the minimum payment. I was a day late on my payment but I made it. My sister had hers decreased recently however and when she called the bank they said it was because she had too much credit available to her. Personally, I think it's because the banks are worried that they are going to see a higher number of people charging to make ends meet and later these people won't be able to pay. Unfortunately, people who use their credit wisely will be effected. |
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Jarrett E
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No and I am eligible for a credit limit increase. No, I pay in full every month. A nice surprise was opening the new statement and seeing my APR lowered. I requested one and one just happened. |
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Enchantress71
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No decreases on my card. I don't pay the minimum. I make payments on my card as I make purchases throughout the month. |
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Amit
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NO I NEVER USE MY CREDIT LIMIT |
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Amarnath C
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No,not at all.
Cleared my bills on time n in full. |
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Sally F
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yes,yes |
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rani S
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no. my credit limit has never been decreased. a credit limit may be decreased, if the lendor feels that the borrower's credit worthiness has come down. other reason is when the lendor is facing liquidity crunch. |
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Irish Eyes
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No, I still get my limits increased even though I have asked them not to. |
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Worldly25
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no |
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The Dark Knight
 |
No. |
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kit
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Not me, my sister had her Old Navy credit card limit decreased and she only can pay the minimum. |
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man290663@btinternet.com
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Yes!
and I was paying it all off in full each months and I WASKED for it as £18,000 limit was stupid so I asked for a £9,000 limit but only ever use about £2000 max as I like to pay it off each month..
credit card companies are removing their bad customers by reducing and removing credit facilities as they are running scared and only offering credit to those who don't need it!
its not you 50% of egg customers have had the same thing in the last year.. |
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monstrosity
 |
Yes I have. I had my income reduced to less than half so I was struggling. One of the credit card companies, did lower my credit limit.
They usually won't lower your credit limit if you are just making the minimum payment.
There are a few things that can trigger the decrease in a credit limit. Some companies routinely check your credit history and if you have a lot of missed payments or late payments then that shows the company that you are a credit risk. It is basically telling them that you are financially struggling so they are just protecting themselves by lowering your credit limit.
The credit file contains all of your credit history so even if you are making payments to collector a, but are not paying or struggling to pay collector b and c then that is a red flag to them.
Repossessions, collection activities, bankruptciescan also effect it. You can also request your limit to be dropped.
With a lot of institutions going under and struggling, some just went ahead and lowered a lot of limits to protect themselves. |
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