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Credit Limits

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tonyld
tonyld Posts: 6 Forumite
Seventh Anniversary Combo Breaker
in Credit cards
I would like to get a balance transfer card to transfer my credit cards to 0%. How does the provider decide how much credit to allow, and what can I do if the limit is less than the amount I need to transfer?

Comments

  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
    They decide based on your credit-worthiness, income, current debt, utilisation etc.

    If the BT limit is less then transfer what you can and look to pay the remainder off ASAP
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