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Egg Card
starsky365
Posts: 104 Forumite
in Credit cards
I have a balance with Egg credit card and was one of the thousands that they decided to bin because we paid on time and didnt incur any charges.
If I log onto my account it still shows my original credit limit, on my credit file it shows the same but the thing is that means it is included in available credit which impacts on my ability to source different lines of credit.
has anybody else had the same experience?
If I log onto my account it still shows my original credit limit, on my credit file it shows the same but the thing is that means it is included in available credit which impacts on my ability to source different lines of credit.
has anybody else had the same experience?
0
Comments
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Send them a secure message asking them to reduce your credit limit?"A child of five could understand this. Fetch me a child of five." - Groucho Marx0
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I thought about that but i wasnt sure what would be worst..having an account that appears to be maxed out or available credit not being used0
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Strike a balance and go halfway?starsky365 wrote: »I thought about that but i wasnt sure what would be worst..having an account that appears to be maxed out or available credit not being used
What are your other accounts like (available vs used)? And what's the aggregate situation as a percentage?0 -
starsky365 wrote: »I thought about that but i wasnt sure what would be worst..having an account that appears to be maxed out or available credit not being used
Unused available credit is a bigger factor in my recent experience. Have you applied for credit and been refused? Have you looked into a 0% deal to clear the Egg balance to pay less interest and make it easier to clear the debt in full?"A child of five could understand this. Fetch me a child of five." - Groucho Marx0 -
They should sent correct data to CRA at all times. Take it up with them0
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Yep thats what Ive done.
I applied for MBNA and Post office but they both turned me down. my credit file is spotless other than 2 late payments 3 years ago.
I applied and got accepted by flybe but they only gave me £1500 limit which is £500 short of what i wanted to BT0
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