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Out of interest, what kind of income/credit history do you need for a(t least a) £30k credit limit?
by kurtisc 8y ago
Out of interest, what kind of income/credit history do you need for a(t least a) £30k credit limit?
- GordonS 8y agoIt was much easier to get large credit facilities in those days, or indeed prior to the financial crisis (which was really a credit/debt crisis). Round about the same time, my father had a credit limit of around £50k, across 3 different cards. He was a contractor earning around £100k/year, and given he was terrible with managing money, likely didn't have a great credit history. Now in 2019 I earn around £100-150k a year, and my credit limit across 2 cards is £10k, with an immaculate credit history. I'm sure my card providers would increase it if I asked, but certainly not to £50k or even £30k.