 If you found out that a credit card issuer made a huge mistake that worked to your advantage would you? |
| take the money and run or let them know? Does the company have any recourse to reclaim their money if they find the mistake? Think about how much money you're giving the card companies before ... |
|
 How to Kill A CREDIT CARD? SAFELY? |
| Killing a credit card is big process because banks are there to save them. Still so many people are having problems because of credit cards & so called charges which banks will take from your ... |
|
 Can i cancel a direct debit for a debt if i believe ive paid it off but they still keep taking the money? |
| I have been paying HFO services £5 per week for the last 2 years,if not more, for a Barclaycard debt of £420.surely its paid off by now!!!!!Do i have the right to cancel my direct debit and how do ... |
|
 Why am I not approved for a credit card? |
| I am currently a 21 year old college student. I applied for a credit card twice, but got rejected. It stated I had insufficient credit history and housing. What exactly does that mean? Anyone have ... |
|
 Why are credit cards bad? |
'm doing homework on Credit cards and I need help figuring out why they are bad and why people shouldn't get it.
I need only bad reasons, so no answers with why you should get one. T... |
|
 Do verbal contracts stand up in court? |
| i have agreed to something over the phone which they said was recorded and i cancelled about two weeks later,they kind of tricked me saying i had spoken to them before and i got a bit flustered ... |
|
 Is 500 a good credit score? |
| yes, that is my credit score.... |
|
 Bought something online with debit card never got iteam.? |
| I recently bought a iteam online with a debit card, and they say they send me the iteam, but i never received it. So what should i do?... |
|
 Do the numbers in your social security number indicate your race? |
| No kidding my friend works for the credit bureau and that's what she told me.... |
|
 Can some one please help me with collection agencys?? |
| I have no credit,but I've got about 6 collection agencys on my credit reports for medical bills,and I'm not sure how to clear it up?The doctor's I had do not except payments,so after ... |
|
 I paid off my credit card balance & closed the account - but I again have a balance? |
I paid off my $2,000+ balance on a high interest credit card recently. After a few days, I confirmed that my balance was $0, then I closed the account.
The next month, I received a ... |
|
 Should I close an unused credit card account? |
| I have a credit card that I misplaced awhile ago and haven't used it since. I got another card from the same issuer with different benefits, but its something that I'm using to replace the ... |
|
 What is the purpose of signing the back of the credit card? |
When you activate the card the sticker says to also sign the back of the card. I never sign my cards, and the cashier people never mind. What is the purpose of signing the back anyways?
A... |
|
| MONEY ORDER- so i am a teenager and do not have credit card or check -can i still use money order -10 pointss |
| for best answer. i want to order some socks from journey's and they say u purchase it at the postal office and also do u make the order at the postal office and give them cash right there and ... |
|
|  |
KEANE FAN | Whats your credit card limit? |
At the moment mine is £10.000 but ive never used it and they keep upping the limit.
Don't they get the message I DON'T WANT IT.
I never even applyed for it in the 1st place.Are they allowed to just send themout? |
 |
 
Dick s
|
Nil, because I don't have one. You seem to be in control of yours at the moment, but so many get tempted, in the end, to use the credit because it's available. The card companies aren't stupid, they know that .......Never forget my words eh! :-) |
|
Raymo
 |
Just imagine if you lose that card, or someone gets your card details, £10 grand would come in handy.
If you don't need that amount of credit limit, and as you have said, the credit card company are not listening to your demands, simply cancel the card and go to a more reputable credit card company - it isn't rocket science! |
|
Star
|
which credit card company is this, i would have thier details as my is pretty poor |
|
Eric Ewanco
 |
This is standard practice in the industry. I am not competent to say for sure but I really doubt credit card companies would give you a credit limit (unsolicited) that would have a deleterious impact on your credit rating. Pertaining to credit scores, I have never heard someone say that having too much credit affects your score, and in fact it may raise it (it affects the debt-to-credit ratio). I have been an aggressive pursuer of credit limits and it has not hurt me in the least. My biggest card is $27,500, though I have several.
It's important to realize that you want your credit limit to be much higher than you ever plan to use. I'd say two to three times higher. You never want to get even close to your credit limit. |
|
Saccharin
|
Mine is unlimited on AMEX, but I travel a lot with work... I have several others with varying limits, but none thankfully on them at the moment.... |
|
nena
 |
Ummmm... Why don't you just cancel it ?
Have you checked your credit report? If a c/c company ups a person's credit amount that usually means that they are using A LOT of credit and paying it back in a reasonable amount of time. You may have another credit card floating around out there. |
|
ollarwharley
|
mines is unlimited ( a green amex card)..when ur limit is topped everytime...the lender is giving u a notion that u are in need of more credit
get a copy of ur credit report...u might have a credit card with ur info with someone else lol |
|
SunnyDays
 |
Companies and banks are not permitted to send out unsolicited credit cards, so you must have signed something at some point to request as its a legal requirement (UK, that is) If you dont want it, simply cut the card into little bits and send it back to them! Its really that easy! |
|
cubalishus
|
I have a credit card with no limit cause its the sort you put your own cash on, no rip off and no debts, I reckon if I had one of the standard type credit cards my limit would be what I could afford to pay back each month and it would be nothing like the limit they have offered to you, god be careful think of the problems you could have if you were really tempted to use it, cut it in half now and shred it, the only ones benefitting from credit are the banks. |
|
oh my head
|
hadn't relised it was a limit thought it was a target........ |
|
sexytrojan
|
I have about $60K on various cards. Only 1 has a balance, and it's 0% interest.
To answer your question, are you sure you never applied for the card? Major credit card companies don't usually do that, though department stores will.
Keep it, you'll never know when you'll need it. |
|
uncleneal
|
none of your business |
|
dodds
|
What there limit,my Husbands say so limit or my limit??? |
|
my brain hurts
|
None of your business.
If you don't want a limit that high, just call the credit card company and tell them to lower it. They will try everything to talk you out of this of course, but if you are persistent they will do it. |
|
Lawyer
|
I've got 5 credit cards but the credit limit changes every 6 months |
|
eric k
 |
$90,000 us dollars and maxxed to the limit, life is good |
|
G!
 |
First of all, a higher credit rating affects your credit score, which can cause problems getting other credit (Loans, overdrafts; mortgages etc). You want a credit limit that is high enough to justify your needs but low enough to allow you to live comfortably.
The ideal credit limits are as follows, anything more is just greed:
Overdraft is 50% of your monthly MINIMUM income
Credit cards (The sum of) is 250% of your monthly MINIMUM income (2.5 months worth)
Mortgages at 3.5 times your total anual income
If you are not comfortable with such a high limit, you should phone your CCcompany and tell them to lower it, and that you do not want it increased. They are required to do this
1) To ensure fair distribution of your credit score
2) If your card is stolen, it reduces the possible damage that can be incurred.
Check your T&C's (That document with the small writing they sent with your card) as it should confirm it, but get in touch with your issuer to tell them to get it down. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
17 | 22 minutes(s) ago
| | | |
17 | 47 minutes(s) ago
| | | |
16 | 3 hour(s) ago
| | | |
16 | 4 hour(s) ago
| | | |
16 | 8 hour(s) ago
| | | |
17 | 1 day(s) ago
| | | |
17 | 3 day(s) ago
| | | |
17 | 1 week(s) ago
| | | |
17 | 2 month(s) ago
| | | |
16 | 7 month(s) ago
| |
|
Homepage 
Financial
Forum 
Credit 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
