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Barclaycard Credit Limit Reduction ???

langtoft_lad · 2010-01-10 17:44:53

Has anyone else experienced an arbitrary slashing of their limit without prior notice for no apparent good reason? I have a Barclaycard Cashback card which is paid off in full each month via direct debit. The only other Barclays account I have is a monthly savings account but I have two regular current account with other…

Comments

Paul_Herring Posts: 7,484 Forumite

21 January 2010 at 4:13PM

izools wrote: »

Now (there is a technical term for this methodology but it passes me by) they are moving toward the more sensible and realistic approach of going on the assumption that all customers have maxed out their available credit and that amount must be within the pot they have to lend.

Fractional-reserve banking?

Conjugating the verb 'to be":
-o I am humble -o You are attention seeking -o She is Nadine Dorries
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