Halifax Gave me a CC

PJHilder

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

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

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.

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.