We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Reducing Credit Limits and Credit Checks
loveandlight
Posts: 1,200 Forumite
in Credit cards
I thought I read somewhere on one of these threads that every time you ask your credit card company to reduce your credit limit they do a credit check. Have I understood this properly?
0
Comments
-
Not for reducing, that I no off……Can I find out my credit score?You do not have a single credit score or rating. Different organisations take different information into account when working out your credit score and may have different scores for different products. (Kindly from Experian)0
-
No they dont do any credit checks when reducing only when increasing.0
-
Nationwide does credit check for reducing credit card limit, I read it somewhere in this forum.0
-
I know some banks will credit score to you reduce your overdraft ive never heard of it for reducing a credit limit though.Im an ex employee RBS GroupHowever Any Opinion Given On MSE Is Strictly My Own0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.2K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.3K Work, Benefits & Business
- 600.9K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards