Examples of Credit Facility Limit in a sentence
You may, at any time, by written notice to the Credit Provider – 6.1.1.3.1. require the Credit Provider to reduce the Credit Facility Limit; and 6.1.1.3.2. stipulate the maximum Credit Facility Limit that you are prepared to accept.
If you choose to automatically receive an annual Credit Facility Limit increase, the Credit Provider will continue to review your credit limit annually and it may grant you an annual increase in accordance with the NCA.
If you wish to apply for a temporary increase in your Credit Facility Limit, the temporary increase will only be for a limited time and after repayment of the amount in full, your Credit Facility Limit will be reduced to what it was before the temporary increase was approved.
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If you would like the Credit Provider to consider Credit Facility Limit increase at any time (other than a temporary increase referred to above) you may request this by telephoning the Credit Provider at any time.