From: john boyle 
Newsgroups: uk.finance
Subject: Re: Credit Card Debt Situation
Date: Fri, 27 May 2005 19:10:14 +0100

In message , Tim 
 writes
>He said that the limit was discussed by telephone:-
>After website application (which had no mention of a specific credit limit),
>the issuer called him to say that they could offer a limit of £X000 (below
>£25K), without salary evidence - or - £Y000 (above £25K), if he faxed them
>lots of salary evidence.  As £Y didn't exceed £X by much, he decided not to
>bother with faxing the evidence and accepted the figure of £X000 (<£25K).
>When the card arrived, it had a limit of £Y000 (>£25K) !!
>
>Apparently, the "quick-form" which was received in the post (to confirm the
>details provided on website application form), which AFAIAA was the only
>thing that was signed, had no mention of the credit limit....

Hmm, interesting. I wonder if it was a dual use form i.e. If the credit 
limit is < £25k then its a Regulatued Agreement if not its not?
-- 
John Boyle