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Anonymous asked in Business & FinanceCredit · 2 months ago

 Why would my retail catalogue company want to know my credit limit over the phone?

3 Answers

  • kswck2
    Lv 7
    1 month ago

    They don't. Never give that out. Hang up and try a different number-that sounds like a fraudster intercepted the line. 

  • 1 month ago

    They dont ask for your credit limit. 


    If anything they just try to sell you their "credit card" ask questions related to the application (name, DOB, SSN, address...) then they approve you for ??? $500??? NEVER ASKING WHAT CREDIT LIMIT YOU WANT

  • DON W
    Lv 7
    2 months ago

    Sounds like a marketing ploy, trying to get you to purchase more or maybe offering you their own line of credit.

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