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Sygma credit increase
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PNPSUKNET
Posts: 4,265 Forumite
in Credit cards
I recieved a letter for my flybe today, it said that my limit was been increased by £300 in 30 days. If I didnt want it to call them. I wonder why they take 30 days todo it
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Comments
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The new lending code states they must give you 30 days notice of an unrequested increase.
http://www.moneysupermarket.com/c/news/a-better-deal-for-credit-card-users-in-the-new-year/0010739/More notice of credit limit rises
If your credit card company wants to increase your credit limit, it will now need to give you 30 days' notice, during which time you can turn it down. It's also now possible for customers to opt out of any automatic increases to their credit limit.0 -
oh thanks, never noticed0
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