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Halifax Gave me a CC

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Comments

  • PJHilder
    PJHilder Posts: 155 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Wish I was that fortunate. I've been trying to get the limit on my graduate Barclaycard increased from £400 for the past year despite paying it off each month. :(

    Is it due to the credit crunch?
  • cruzier
    cruzier Posts: 69 Forumite
    PJHilder wrote: »
    Wish I was that fortunate. I've been trying to get the limit on my graduate Barclaycard increased from £400 for the past year despite paying it off each month. :(

    Is it due to the credit crunch?

    For me Barclaycard use to be one of the hardest to get a credit increase, in fact they have started reducing my limits on both my littlewoods and barclaycard cards. I think Barclays are looking to reduce the amount they lend to 'higher' risk customers?
  • PJHilder
    PJHilder Posts: 155 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    cruzier wrote: »
    For me Barclaycard use to be one of the hardest to get a credit increase, in fact they have started reducing my limits on both my littlewoods and barclaycard cards. I think Barclays are looking to reduce the amount they lend to 'higher' risk customers?

    I would have thought a graduate who pays off such a small limit each month to not be considered a 'higher' risk. :confused:

    Guess they make no interest from me. Although a limit of £1500 they would as I'd be more tempted to not pay it off each month. ;)
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