About 19% of credit card holders in the UK have had their limits increased without their consent in the past year. The recent survey went on to suggest that the average person have seen a credit lime rise of just under £1500.
What do you make of this? Do you think these companies like you or they see you as their cash-cow that they need to provide more ‘grass’ for so they can get milk you for more interest?
The times are hard enough; don’t let higher credit card limits make life harder for you. It is time people started rejecting these increases fi they want to one be totally debt free.
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