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Credit limit low
atkinsons
Posts: 12 Forumite
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?
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?
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Comments
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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.0 -
I suspect OP meant that their Credit Score was low - which is irrelevant anyway.DF
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