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Credit card balance increase
pjw1592
Posts: 34 Forumite
in Credit cards
Hi all!
I received a letter from MBNA offering an increase in my available credit this morning. They said that I didn’t need to do anything and that it would just be applied.
I’m currently applying for a mortgage, so was just wondering: would this go down as a hard credit search? If so, I’ll most likely ask them to leave the credit limit as it currently is!
Many thanks!
I received a letter from MBNA offering an increase in my available credit this morning. They said that I didn’t need to do anything and that it would just be applied.
I’m currently applying for a mortgage, so was just wondering: would this go down as a hard credit search? If so, I’ll most likely ask them to leave the credit limit as it currently is!
Many thanks!
0
Comments
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As its them offering it normally its done on internal data only and not a hard search however the mortgage lender will see the increased limit at the next monthly CRA update0
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No credit search. Higher limit won't be a worry to mortgage lender if not in use. Higher limit won't be visible on your credit file for four to eight weeks after MBNA apply it anyway. It's a positive, let it happen.
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