Overdraft and Flex limit increases

[Revels]

Increasing Flex limit

For those of you out there who have increased your Flex limit - did it appear as a hard credit search on your credit file the next montth?

Increasing Flex limit

No hard search for Flex or overdraft credit limit increases… If we increase your limit we’ll report your new credit limit amount to the credit reference agencies, this may have an impact on your credit score For what it’s worth - this could be a positive or a negative impact - it’s impossible for us to be able to tell if it’s a positive or a negative impact. Also it’s more than likely the impact will be negligible and will be a small positive impact with one lender but a small negative for a…