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New to catalogues when do they increase your limit (uk)? - Printable Version

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New to catalogues when do they increase your limit (uk)? - Angeleyes - 04-08-2014 04:05 AM

Iv just joined a catalogue and had £150 credit limit,which i have spent . I am going to pay £10 a week towards this. When do they increase it and how much roughly?


- Jo W - 04-08-2014 04:07 AM

Look on their website and it'll give you an idea of the criteria they apply.


- Lewis - 04-08-2014 04:08 AM

I found mine increased constantly. Every few statements (monthly) I'd see my credit limit go from £150 to £300 to £400 to £600 and I'm now able to spend £1,500 with them.

If you want more of a limit, keep your payments up.

Overall though, I'd advise you to simply save up for what you need, I know it's difficult, but a LOT better in the long run.

Cheers.


- Go with the flow - 04-08-2014 04:12 AM

Catalog financing.
A fast way to destroy your financial life.

Lose a job and you are up the creek without a paddle.
People that do catalog financing do not have savings.