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  • FIRST POST
    • Finarghh
    • By Finarghh 13th Sep 17, 10:59 AM
    • 2Posts
    • 0Thanks
    Finarghh
    Tesco Credit Limit Increase Withdrawn
    • #1
    • 13th Sep 17, 10:59 AM
    Tesco Credit Limit Increase Withdrawn 13th Sep 17 at 10:59 AM
    I got a letter about a month ago saying my limit would be increased this month but today I've received one saying the offer is withdrawn because they've assessed my financial circumstances to have changed.

    I don't know what this could be though?

    I haven't fallen behind with anything, nothing has been added to my credit files, and my Tesco behaviour hasn't changed - I pay off in full every month
Page 1
    • zx81
    • By zx81 13th Sep 17, 11:09 AM
    • 13,185 Posts
    • 13,495 Thanks
    zx81
    • #2
    • 13th Sep 17, 11:09 AM
    • #2
    • 13th Sep 17, 11:09 AM
    They may have simply tweaked their criteria.
    • davethorp
    • By davethorp 13th Sep 17, 2:08 PM
    • 1,420 Posts
    • 1,052 Thanks
    davethorp
    • #3
    • 13th Sep 17, 2:08 PM
    • #3
    • 13th Sep 17, 2:08 PM
    Happened with me and barclaycard a year ago. Though in my case barclaycard didn’t bother to tell me and just didn’t increase the limit without so much as a word. I complained to barclaycard and did get a goodwill gesture (actually a far more generous one than I expected) but their decision stood which is fair enough as they aren’t obliged to increase limits or offer credit

    • Finarghh
    • By Finarghh 13th Sep 17, 2:19 PM
    • 2 Posts
    • 0 Thanks
    Finarghh
    • #4
    • 13th Sep 17, 2:19 PM
    • #4
    • 13th Sep 17, 2:19 PM
    I'm not bothered about the increase, I didn't ask for it; I want to know what they mean by altered financial circumstances etc
    • john1002
    • By john1002 13th Sep 17, 5:39 PM
    • 858 Posts
    • 362 Thanks
    john1002
    • #5
    • 13th Sep 17, 5:39 PM
    • #5
    • 13th Sep 17, 5:39 PM
    Only way to know is ring them and ask, they may be forthcoming or just fob you off.

    Happened to me with MBNA a number of times, just ignore it and move on.

    John
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