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Reducing credit limit
stedman
Posts: 1 Newbie
in Credit cards
I have recently had my credit card limit reduced from £8400 to £600 by Nationwide Building Society yet they say my credit history is perfect but say i have to put in an appeal if i wish to increase my limit again! What can i do?
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Comments
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Appeal it?0
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They reduced mine from £2200 to £500 I think there just going around making reducing the amount that they might have to lend out. I haven't used the card for ages so it doesn't really make much difference to me.[FONT=georgia, bookman old style, palatino linotype, book antiqua, palatino, trebuchet ms, helvetica, garamond, sans-serif, arial, verdana, avante garde, century gothic, comic sans ms, times, times new roman, serif]A bank is a place that will lend you money if you can prove that you don't need it
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Its happening across the board - you're not alone: Has your Credit Card limit been reduced?
2010 - year of the troll
Niddy - Over & Out :wave:
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you can appeal, how much of it did you ever use max?0
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