Very credit account and exceeding limit

CocoPopsLover

What happens if you exceed your credit limit with Very?

Do they charge you?

soul619

of course they do!

however sometimes if your credit is good enough they will just put your limit up, log into your account online and check

fozmcfc

I have a Very account, how can you exceed it, I take it only because you miss a payment. I thought you had a limit and an amount available and you couldn't spend more than that.

A couple of times with accounts I have had the limit increased automatically, instead of going over the limit.

While people are reading this, what is the lowest APR Very give, currently mine is 35.9%. Whilst this is high, I always use the codes to get 12 months interest free and always pay it before any APR is applicable anyway. Also surprisingly not everything is overpriced and sometimes you get good deals esp on clothing and the interest free period offers seem to come up nearly every month.

soul619

i was surprised by the amount of cheap things you can get, iv brought brand new games that should be £40+ for £20 with vouchers however they do seem to come a day after release but for half price i dont mind...

my apr is 34.9% i like the buy now pay later deals also i had to get a new laptop and didnt have enough credit so i called them and they upped it to do so (thats when my limit was low) i guess buying something thats more than the credit you have could automatically up your limit, but it may not up it enough

sutton111

CocoPopsLover wrote: »

What happens if you exceed your credit limit with Very?

Do they charge you?

No they don't charge you for going over your limit. The order would of gone thought their authorisation's department and they let you go over.

soul619

credit card companies do exactly the same and they charge you! its your responsability to not go over not theirs

sutton111

soul619 wrote: »

credit card companies do exactly the same and they charge you! its your responsability to not go over not theirs

They don't charge, simple. I have experience, it happened to me.

no_more_cards_for_me

Does Holly or Ferne come round if you exceed your limit ?

withabix

Very will just increase your limit.

If an order takes you over your limit, it will be refused before dispatch or your limit will be increased.

Going over your limit due to non payment will incur charges.

Unfortunatley I cannot test the above, as I've been banned

Something to do with me ordering 30 Sonicare toothbrushes on a glitch, which were delivered before they spotted it....and the fact I also ordered them on 12 months interest free, along with my Samsung netbook...all with cashback and codes (although I was entitled to the codes I used). Think I upset someone lol.

sutton111

withabix wrote: »

Very will just increase your limit.

If an order takes you over your limit, it will be refused before dispatch or your limit will be increased.

Going over your limit due to non payment will incur charges.

Unfortunatley I cannot test the above, as I've been banned

Something to do with me ordering 30 Sonicare toothbrushes on a glitch, which were delivered before they spotted it....and the fact I also ordered them on 12 months interest free, along with my Samsung netbook...all with cashback and codes (although I was entitled to the codes I used). Think I upset someone lol.

:rotfl::rotfl:Sounds like you did.

soul619

withabix wrote: »

Very will just increase your limit.

If an order takes you over your limit, it will be refused before dispatch or your limit will be increased.

Going over your limit due to non payment will incur charges.

Unfortunatley I cannot test the above, as I've been banned

Something to do with me ordering 30 Sonicare toothbrushes on a glitch, which were delivered before they spotted it....and the fact I also ordered them on 12 months interest free, along with my Samsung netbook...all with cashback and codes (although I was entitled to the codes I used). Think I upset someone lol.

how much did it end up costing you then?