How did my limit get lower and why did my limit suddenly go down

The bank is very strict about the supervision of "credit card cashing", and all credit card customers who are suspected of cashing out will have their credit cards blocked or reduced by the bank.

China Merchants Bank will send a risk SMS notification before the customer's credit card is suspended or reduced, which reads:

Dear customers, your CMB credit card has recently had a risky transaction, and we would like to remind you to standardize the use of the card. If there is no improvement, the bank will take measures such as reducing the limit of the credit card in accordance with regulatory requirements to ensure the security of the credit card [China Merchants Bank].

If you receive such a risk SMS, it means that your previous transaction behavior has been recognized by the China Merchants Bank Credit Card Center as "cashing out", and you will be included in the "Credit Card Risk Customer Control List".

Received a total of 1 risk SMS notification: Included in the "Credit Card Risk Customer Control List".

Received a total of 2 risk SMS notifications: The credit card installment function is disabled, and all installments (single, bill, and cash installment) cannot be processed.

Received a total of 3 risk SMS notifications: The credit card will be suspended or reduced at any time.

If a customer with a serious credit card "cash-out" situation does not improve their card usage behavior after receiving a risk SMS notification, the credit card will be directly suspended or reduced. If the credit card "cash-out" is particularly serious, the credit card will be directly suspended or reduced without receiving the risk SMS notification.

Among the banks in the country, the credit card supervision of Transportation, CITIC and China Merchants is the strictest.

The credit score is low, or you are checked for cashing out, go to work honestly haha.

There are three reasons for this:

1. Regulatory requirements. According to regulatory requirements, the credit of personal credit consumer loans has been limited, so the maximum amount of many platform products has changed, which is in a state of overall downward adjustment, and the Alipay platform is naturally no exception.

2. Adjustment of platform policies. For young people, especially student users and users with unstable incomes who have just graduated, the platform has carried out a large-scale reduction, and the basic credit is only about a few thousand yuan. This is due to the need to cooperate with supervision, as well as the impact of factors such as the increase in overdue rates.

3. Decline in personal assessment. For example, the user's current use is relatively small, the quota has been idle, or the work income has changed, and the repayment ability has decreased; Overdue on other platforms, stains on personal credit, etc., will affect the platform's evaluation of credit. Once the user feels that there is a risk, Alipay will freeze the quota or reduce the amount.

There are several reasons for the online merchant loan reward:

There is a problem with the credit report.

If there is a problem with the borrower's personal credit investigation during the use of the online business loan, once it is detected by the online business loan system, the system will reduce the online business loan limit if it believes that the borrower is at risk, and the online business loan limit will be withdrawn in serious cases.

Excessive debt. If the applicant has frequently applied for online loans recently, or has high personal debts, the system will consider that there will be a certain amount of borrowing risk, and will reduce the online business loan limit.

Conditions for applying for a personal loan.

1. Be at least 25 years old and have full capacity for civil conduct; and have a permanent residence or valid residence certificate in China.

2. Have a fixed occupation or stable economic income, and be able to guarantee the ability to repay principal and interest on time.

3. Good credit record and no bad credit record.

4. Be able to provide legal and effective guarantees recognized by the bank.

5. Other conditions stipulated by the bank.

What information is required for a personal loan.

1. The following materials need to be prepared for personal consumption loan application.

1) A copy of the borrower's ID card and household registration book (identity certificate verification and filing);

2) A copy of the borrower's marriage certificate (family background investigation);

3) Proof of the borrower's income (the bank's reference to the lender's ability to repay);

4) Proof of the borrower's work, academic qualifications and professional title (the bank's reference to the lender's repayment ability);

5) Proof of the borrower's opening of a personal settlement account in a credit union (establishing a convenient withdrawal and repayment channel);

6) The borrower's personal credit report (the review of the applicant's historical credit record, usually the bank will have a special person to review this item).

1. There is a problem with credit reporting. Banks and financial institutions have the right to carry out post-loan management, once they find that you have credit problems, they may reduce your loan amount, and the next time you apply, the limit will be reduced.

2. The debt ratio is too high. No matter how much you have, it's best not to hold more than 3 credit cards, because in the case of a fixed income, large purchases will cause repayment pressure, and there are other online loans, which will increase the cost of your hidden debt.

3. Unstable work. The lending institution will judge whether your job is stable through various channels, such as the name of the employer, the employer**, the base to the salary flow, address, **number, provident fund and social security, etc. Freelancers, self-employed people, and even those who have just left their jobs may not be able to get a raise.

4. Early repayment. Although many loan products support early repayment, after all, the company relies on interest to increase income, and if you often repay early, it means that you are not very short of money, and you may give the loan amount to someone who needs it more.

5. Policy reasons. Affected by the entire industry, the loan limit has been tightened in recent years, and many institutions have tightened the next amount, so we don't need to worry too much about the reduction of the limit, as long as it is used normally and repaid on time, maybe after a period of time, you will find that the amount has risen again, as long as you pay attention to it at any time.

Summary. Dear, I'm glad to answer for you, I reduced the limit and can't be adjusted back, after the credit card is reduced, the user needs to continue to maintain a good credit history and consumption history, and at the same time pay attention not to use the credit card in violation of regulations, then the reduced limit can be restored after a period of time, and it cannot be restored directly and needs to be restored by the bank.

I accidentally clicked the wrong amount and lowered the credit card limit, how to adjust back to the original limit.

Dear, I'm glad to answer for you, I reduced the limit and can't be transferred back, after the credit card is reduced, the user needs to continue to maintain a good credit history and consumption record, and at the same time pay attention not to use the credit card in violation of regulations, then the reduced amount can be restored after a period of regret, and it can not be recovered directly and needs to be restored by the bank.

The limit is the amount that the lender can borrow from the borrower without providing financial security. It usually refers to the maximum amount that a natural person borrows from a bank, and the bank is willing to provide the maximum amount of the loan according to the individual's credit status. This amount will be unilaterally determined by the bank due to the conditions such as income, income, debt ratio, work content, company, company position, property, etc.

1. Apply for a portfolio loan: Now the more popular practice is to use a portfolio loan, both the provident fund and the commercial loan, but not all banks accept the portfolio loan, and the portfolio loan involves the provident fund center and banks and other organizations, the approval cycle is more than 3 months, and the buyer who is anxious to pay the house should take into account the problem of pointing out the time.

2. Apply for a commercial loan: You can apply for a commercial loan directly, and the lender will be able to lend the loan in about 2 weeks after submitting the loan request, and as long as it meets the relevant conditions of the bank, it is generally able to borrow the desired amount. The most important thing is that you can withdraw the provident fund to repay the monthly payment of the commercial loan, but in this case, the interest rate is higher than that of a simple provident fund loan, if the loan term is longer, the buyer needs to bear more financial pressure, so it is necessary to plan in advance.

3. Provide proof of assets: When applying for a mortgage, providing proof of income and assets will help increase the loan amount, you can find the income certificate issued by the company, the real estate certificate, the car book, and show your financial strength, which will help you increase the loan amount.

4. Reduce the debt ratio: If there are many personal debts, such as car loans, credit card debts, etc., and there are overdue records, then the bank will think that there is no ability to repay stably, so what to do at this time is to repay the loan on time and try to reduce the debt ratio.

5. Maintain a good reputation: No matter what kind of loan you are requesting, personal credit is always the most important thing. If you are a credit investigation black account, even if all other conditions are met, banks and lending organizations will not lend you money.

So, it's important to remember to repay on time and don't have a bad record.

1. Swipe more card consumption: Now no matter how you go to the first consumption, the first thing you say when you pay is to ask if you can swipe the card, and you will not let go of the one that can be swiped. Of course, now many places do not use POS machines to pay with credit cards, you only need to bind the credit card to Alipay and WeChat, and scan the code to pay.

2. Repay on time and in full: It is necessary to repay on time, it is best to repay in advance, and repay in full, so as to prove your ability to repay, you can not repay in full, you may wish to do a few installments, so that the bank can earn handling fees, and it is also helpful to raise the amount, why not?

3. Participate in more bank preferential activities: for example, on Super Friday of the Bank of Communications, you can take your credit card to Walmart every Friday to spend on the card, and you can also get the card money back; For example, China Merchants Bank's 10 yuan storm activity, you can redeem 10 yuan for physical gifts or 10,000 points if you spend more than 10 yuan for 10 consecutive days, and so on. Participate in these events as much as possible to provide you with contribution and activity.

Most credit cards have a limit, and if you exceed this limit, you can't overdraw. So what if the credit card limit is too low? Let me talk about that.

01 The credit card limit is too low, generally because the information you provide to the bank is too small, you can call the credit card issuing center (there is ** on the back of the credit card) to apply for an increase in the limit.

02 It is not enough to apply for a loan increase verbally, you need to provide information to the bank to prove your property and repayment ability, such as salary statements, passbooks, real estate information, etc.

03 The bank needs to review the amount for you, and in this process, you can first use the temporary limit of the credit card and make full use of the temporary limit, which will be conducive to the bank to raise the limit for you.

04 The credit card limit can also be increased by using it more frequently. However, whether it is a credit card installment or using a temporary limit, timely repayment is necessary, and maintaining good credit will always increase the credit limit.