is full of pitfalls, obstacles and temptations.
This month we have started to pay down the two credit cards that WILL be paid off later this year. DaddyHen has snowballed a loan, CC#1 (both of which are fully paid off) & the regular payment to CC#3 and paid £850 to Mr B’card this month.
In the post yesterday morning was a letter from Mr B’Card in big bold letters – Important News about your B’card credit limit. Baring in mind, that the card was last used well over a year ago, minimum +£50 has been paid each month, our initial thought was they were going to reduce – silly us
Good news … … your credit limit will be increased from £10,900 to £12,000. NO NO NO NO
The letter goes on to say ‘ text KEEP to blah blah blah if you want to stay at the current limit. If DaddyHen does nothing then on 19th March the increase will happen.
What annoys me is it should be the other way round; DaddyHen should text if he wants the increase NOT text to stay at the same credit limit. Credit limit increases should be ‘opt-in’ not ‘opt-out’.
Needless to say a quick text was sent – roll on December when the card will be paid off.
Ohh another weekend of free listings on ebay – I have been busy sorting out a few cupboards