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  • FIRST POST
    • MSE Martin
    • By MSE Martin 24th Jan 05, 1:56 PM
    • 8,116Posts
    • 42,310Thanks
    MSE Martin
    Borrowing Trouble?
    • #1
    • 24th Jan 05, 1:56 PM
    Borrowing Trouble? 24th Jan 05 at 1:56 PM
    What do you think when credit card companies automatically increase your card limit? Is it a welcome surprise or a recipe for disaster?

    A. Hoorah! More credit for playing the system
    B. Noooo! I don't need to be tempted to spend more than I have
    C. Good but Grrrr! Im usually grateful but wish theyd ask me first
    D. Who knows! Never happened to me
    E. Yawn! It doesn't change my habits

    Vote here or click on reply to discuss
    Martin Lewis, Money Saving Expert.
    Please note, answers don't constitute financial advice, it is based on generalised journalistic research. Always ensure any decision is made with regards to your own individual circumstance.

    Don't miss out on urgent MoneySaving, get my weekly e-mail at www.moneysavingexpert.com/tips.

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Page 1
    • Former MSE Andrea
    • By Former MSE Andrea 26th Jan 05, 12:00 PM
    • 9,418 Posts
    • 22,339 Thanks
    Former MSE Andrea
    • #2
    • 26th Jan 05, 12:00 PM
    • #2
    • 26th Jan 05, 12:00 PM
    Below are the results to our previous poll. Thanks to the 1867 participants who took part in this poll.

    Previous Poll Topic: Poll Started 17.1.05. What do you think when credit card companies automatically increase your card limit. Is it a welcome surprise or a recipe for disaster?

    E. Yawn! It doesn't change my habits 39.4% - (736 Votes)
    B. Noooo! I don't need to be tempted to spend more than I have 25.5% - (477 Votes)
    C. Good but Grrrr! Im usually grateful but wish theyd ask me first 19.1% - (358 Votes)
    A. Hoorah! More credit for playing the system 13.8% - (259 Votes)
    D. Who knows! Never happened to me 1.9% - (36 Votes)

    Total Votes: 1867
    Could you do with a Money Makeover?


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  • bridiej
    • #3
    • 28th Jan 05, 10:38 AM
    • #3
    • 28th Jan 05, 10:38 AM
    I dont like it when they up your limit for no reason.

    Surely if your card was stolen it gives the thief more spending power? They could make off with loads more money before anyone even noticed...

    I just pop in now and then....
    transcribing
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