Banks often set a lower credit limit on the card than the borrower expected. But after a certain period of active use of the card, he has the opportunity to access a larger amount.
It is necessary
- - application for increasing the credit limit;
- - certificate of income 2-NDFL (certificate in the form of the bank);
- - other documents.
Instructions
Step 1
The increase in the credit limit is possible in two ways - at the request of the borrower, or by the decision of the bank itself. In any case, a number of conditions must be met. When approving the maximum credit limit, the borrower's credit history and the amount of his income are taken into account. The category of the issued card is also important, each of which has its own restrictions on the maximum limit.
Step 2
It is impossible to count on an increase in the credit limit for a borrower who was delinquent and / or missed the minimum monthly credit card payments. The second condition is that the client must actively use the credit card. The more often you make purchases and then make payments on time, the more likely it is that the bank will meet you halfway and increase the credit limit. The user must have sufficient income. If your salary has increased since the moment the credit card was issued, you can always apply for an increase in your credit limit. The main thing is that the amount of monthly payments on loans does not exceed 30% of total income.
Step 3
The ways to increase the available limit are prescribed in the loan agreement. Banks often go to increase the credit limit on their own. The borrower does not need to take any additional steps. He receives a text message about the possibility of increasing the limit, if the client refuses this, the amount of available funds remains the same. If the borrower has raised the credit bar, and he made all payments on time, then after a while (3-6 months) the maximum credit limit will be increased again.
Step 4
But you can always contact the bank branch with an application for increasing the credit limit. In this case, it is often required to provide a certificate of income and an additional document to choose from (TIN, license, insurance certificate, medical policy).
Step 5
The bank will consider the application within two to three days. And it can refuse if there are delays or if your income has not changed recently. In most cases, banks approve of a 30% increase in the limit, but sometimes they can make more serious concessions. In some situations, the bank can not only increase the credit limit, but also reduce it. For example, if the borrower's solvency has decreased.
Step 6
If the borrower is just going to get a credit card, then he should clarify what documents must be provided to increase the credit limit. These can be documents confirming income and work experience, a passport, PTS, a certificate of ownership of real estate, etc.
