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Credit limit low

I just received my credit report and my credit limit is low.
I have a loan I pay regularly and my mortgage. My bank account is always a couple of hundred £ in credit each month.  What can I do to improve this?

Comments

  • MorningcoffeeIV
    MorningcoffeeIV Posts: 1,945 Forumite
    1,000 Posts First Anniversary Name Dropper
    edited 13 February 2023 at 1:06PM
    You would already have known what your credit limit is, without looking at your report. Why is it concerning you now?

    If you need a higher credit limit, ask the lender if they will increase it, or take out another card.  But don't do it because of any advice from a CRA.

    Throw any disposable incomes at your highest rate debt, if the rate is more than your savings are getting.
  • I suspect OP meant that their Credit Score was low - which is irrelevant anyway. 
    DF :grin:
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