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  • FIRST POST
    • Sncjw
    • By Sncjw 12th Aug 18, 2:18 PM
    • 1,969Posts
    • 1,155Thanks
    Sncjw
    Automatic credit limit increase
    • #1
    • 12th Aug 18, 2:18 PM
    Automatic credit limit increase 12th Aug 18 at 2:18 PM
    Hi guys

    Bit a of a stupid question today.

    I have had a letter for my clarity card saying they are going to increase my limit from £2,000 to £2,500. I know £500 isnít a lot and even then 2.5k isnít a lot ethier. I donít go anywhere near the limit and Iíve had the card for about 3 years now.

    The question I have is will they do another credit check before increasing it. It does say about final checks and that. Iím guessing itís credit search. I havenít got anything to worry about really as I have no ccj or defaults. I have recently passed checks for virgin account and to rent a place as well. So shouldnít see it a worry. I do have next store card with £3000 on it. Not that I go anywhere near it.

    So I know it isnít a lot but any one answer my stupid question of the day please
Page 1
    • onlyfoolsandparking
    • By onlyfoolsandparking 12th Aug 18, 2:28 PM
    • 478 Posts
    • 631 Thanks
    onlyfoolsandparking
    • #2
    • 12th Aug 18, 2:28 PM
    • #2
    • 12th Aug 18, 2:28 PM
    Not a stupid question at all, Credit limit increases (from what I believe only) are offered because the company has analysed your spending/payment record and are happy your keeping your account in order and running it well, that's the reason the automatic increase has come, I don't believe a hard credit search would be performed to offer an increase in your limit, others may have a different answer/opinion. Final checks would say to me they will see if you have gone over your limit, missed payments, late payments etc etc.


    Definitely no worry needed.
    • Willing2Learn
    • By Willing2Learn 12th Aug 18, 2:40 PM
    • 1,834 Posts
    • 1,419 Thanks
    Willing2Learn
    • #3
    • 12th Aug 18, 2:40 PM
    • #3
    • 12th Aug 18, 2:40 PM
    Definitely not a stupid question!! Whenever I've had a credit limit increase, there's never been a 'hard' or 'soft' search recorded on my credit report. I believe they will just assess you against their criteria, based on your history of managing your account
    I work within the voluntary sector, supporting vulnerable people to rebuild their lives.

    I love my job

    • Samsung_Note2
    • By Samsung_Note2 12th Aug 18, 3:05 PM
    • 710 Posts
    • 334 Thanks
    Samsung_Note2
    • #4
    • 12th Aug 18, 3:05 PM
    • #4
    • 12th Aug 18, 3:05 PM
    Cant speak for Clarity...i know that 1ST Direct 100% do a credit check as they did on me whilst discussing an increase.

    So yes some CC do hard search.
    Its really rather simple...I cant spell and your a Bully..Hang your head in shame.
    • onlyfoolsandparking
    • By onlyfoolsandparking 12th Aug 18, 3:28 PM
    • 478 Posts
    • 631 Thanks
    onlyfoolsandparking
    • #5
    • 12th Aug 18, 3:28 PM
    • #5
    • 12th Aug 18, 3:28 PM
    Hmm interesting did you ask for the increase though or was it an automatic one the reason I ask this is you mentioning you had a discussion about it?


    My increases when they have happened have just been applied no discussion necessary.
    • jonesMUFCforever
    • By jonesMUFCforever 12th Aug 18, 3:31 PM
    • 25,372 Posts
    • 12,591 Thanks
    jonesMUFCforever
    • #6
    • 12th Aug 18, 3:31 PM
    • #6
    • 12th Aug 18, 3:31 PM
    For me Nationwide offer me increases but ask me to phone them to confirm.
    What goes around - comes around
    give lots and you will always receive lots
    • Sncjw
    • By Sncjw 12th Aug 18, 4:26 PM
    • 1,969 Posts
    • 1,155 Thanks
    Sncjw
    • #7
    • 12th Aug 18, 4:26 PM
    • #7
    • 12th Aug 18, 4:26 PM
    I haven!!!8217;t had a discussion about it. As per the title it is automatic in the case I didn!!!8217;t apply for it
    • onlyfoolsandparking
    • By onlyfoolsandparking 12th Aug 18, 4:34 PM
    • 478 Posts
    • 631 Thanks
    onlyfoolsandparking
    • #8
    • 12th Aug 18, 4:34 PM
    • #8
    • 12th Aug 18, 4:34 PM
    Yes I know that!!!, the question was directed at another poster (Samsung)
    • Samsung_Note2
    • By Samsung_Note2 12th Aug 18, 9:41 PM
    • 710 Posts
    • 334 Thanks
    Samsung_Note2
    • #9
    • 12th Aug 18, 9:41 PM
    • #9
    • 12th Aug 18, 9:41 PM
    Hmm interesting did you ask for the increase though or was it an automatic one the reason I ask this is you mentioning you had a discussion about it?


    My increases when they have happened have just been applied no discussion necessary.
    Originally posted by onlyfoolsandparking
    Yes they offered increase...if you accept just wait 30days or can call now letter...but went for higher limit,so both really.

    Higher limit could have triggered the search.
    Its really rather simple...I cant spell and your a Bully..Hang your head in shame.
    • onlyfoolsandparking
    • By onlyfoolsandparking 12th Aug 18, 10:29 PM
    • 478 Posts
    • 631 Thanks
    onlyfoolsandparking
    Yes they offered increase...if you accept just wait 30days or can call now letter...but went for higher limit,so both really.

    Higher limit could have triggered the search.
    Originally posted by Samsung_Note2

    Ah i see yes higher limit could trigger a search i guess.
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