Personal Finance

can a bank withdraw a credit facility if you are up to date??

IE Below credit limit no recent late payments

tim2969 Sun 10/08/08 21:17

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Jenna1978
Sun 10/08/08
21:19

There were rumours a while back that good credit customers were being got shot of because they weren't making the bank as much money as defaulters who incur charges.

Whickerman
Sun 10/08/08
21:19

Yes, they can. Look at the terms and conditions - in every case they reserve that right.

giveup22
Tue 26/08/08
21:46

Happened to me and I had to ask for title deeds of property back...it was a secured overdraft

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