1 Answers
Lorina Fedan
Answer provided 20.11.2023 10:59
Banks can refuse to increase the credit limit, using their own algorithms that calculate the solvency and financial discipline of a particular client. There can be several reasons: inconsistency of the level of earnings to the desired limit, bad credit history in other banks, late repayment of debts in this bank.
The answer is informational and does not replace a full legal consultation. For a detailed analysis of your situation, contact a lawyer directly.