Next Pay Latest Increase

Dandytf
Dandytf Posts: 4,786
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One Credit Account which is very carefully used.
we’re pleased to offer an increase to your credit limit to £3750.
From 3k current limit.
I still fail to understand how Algorithms work, when this Account is not very often needed.
Replenished CRA Reports.2015 Zoe i nav -67-131 miles top charge. Savings depleted. VM Stream tv M250 Volted to M350 then M500.

Comments

  • Mark_d
    Mark_d Posts: 283
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    You've held the account for a while and not borrowed money that you can't repay.  This suggests you can be trusted with a larger amount.
  • Dandytf
    Dandytf Posts: 4,786
    First Anniversary Name Dropper First Post
    Forumite
    Mark_d said:
    You've held the account for a while and not borrowed money that you can't repay.  This suggests you can be trusted with a larger amount.
    I seem to make use of Non Credit Card Accounts much easier than original Cards.
    PapPal Credit is another excellent example, I kept tech purchases minimum though since viewed how fast Credit Use increases, e.g. when I replaced AirPods on top of small Balance.
    Next Pay is simple as it's used for essential clothes, mostly 'accessories' every other year.

    The 'Trusted' info is fine, though why does Next Pay 'Think' I 'Could use more' or 'need more'
    It's almost reverse of old school credit card providers, often offering Credit Limit Increases nearer Max Usage point.
    Though I've never used anywhere near original Next limits never mind increased limits.
    Replenished CRA Reports.2015 Zoe i nav -67-131 miles top charge. Savings depleted. VM Stream tv M250 Volted to M350 then M500.
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