Credit limit increase offers will be sent through the Vanquis app, email or SMS. You can then accept or decline, your offer will explain how to do this.
If you’d like to accept the offer, you’ll need to complete an income and expenditure form. Just follow the steps in your offer to do this. Keep in mind, if you miss a payment or go over your limit, we may not be able to increase your limit.
If your offer is successful, we’ll send you an SMS to confirm your increase and the date it starts.
What is an income and expenditure form?
Income and expenditure forms help us understand your financial situation. We ask you to complete them to make sure you don’t take on debt you can’t manage.
Here are some of the things you could be asked when completing yours:
- Your income (usually any salary you earn but also any benefits or pensions)
- Your main bills (rent, mortgage, council tax and energy)
- Other living costs (food, petrol and travel)
- Other spending (broadband, phone and insurances)
