Credit Limit Increase Refusal

jrm

Is a credit card limit increase refusal recorded with Experian / Equifax ?

Cardinal-Red

Decisions whether to accept or refuse application are not shown at the CRAs, and so neither are credit limit changes.

jon_msn

The decision made as to whether you were granted credit will not be recorded, however, the lender -may- search your credit file as part of the process to decide whether to increase your available credit or not, or even decrease it (as can happen.)

realaledrinker

My credit limit increase request with M&S this week was scored, for example, even though they had scored me less than 2 weeks previously when I applied for the card.

THE_ROCK84

Cardinal-Red wrote:

Decisions whether to accept or refuse application are not shown at the CRAs, and so neither are credit limit changes.

You are wrong, Credit limit changes are recorded. :cool:

Fatboy_NSS

THE_ROCK84 wrote:

You are wrong, Credit limit changes are recorded. :cool:

No, the change isn't recorded, just the current limit. If you applied for an increase, say, from £1000 to £2000 and it wasn't accepted then nothing would be recorded. If it was accepted then the file would just say £2000 limit, with no indication it had been £1000 before.

miss_lisalou

that's right, your file will not state that the limit has recently been changed if approved, but IF DECLINED it would obviously show as a new search by the company (at least in most cases - First Direct and Lloyds for instance don't necessarily run a new search but make a decision on your own history with them)

THE_ROCK84

Fatboy_NSS wrote:

No, the change isn't recorded, just the current limit. If you applied for an increase, say, from £1000 to £2000 and it wasn't accepted then nothing would be recorded. If it was accepted then the file would just say £2000 limit, with no indication it had been £1000 before.

your are right fatboy, but my callcredit file does record the change