Recently, complaints about the increase in credit card limits by several banks have been published among citizens on social networks.
However, issues related to credit card limits are regulated by the contract between the citizen and the bank. This contract is drawn up in accordance with the banking law and the Civil Code.
Economist Khalid Karimli said that if this is mentioned in the contract, the bank will not have to inform its clients every time.
ATV’s “Zona Económica” program prepared a plot on the subject.
More details in the video:
Can the credit limit be increased without the customer’s knowledge?
Can the credit limit be increased without the customer’s knowledge?
