I was telephoned from a call centre with an 0844 number and asked if my credit card limits had been raised without my signing an agreement for the increase. On telling them that it had on one of my cards I was told that a form would be sent to me to claim compensation for miss-selling of the card. Apparently, I was informed, 85% of card limit increases are not authorised under existing financial regulations due to no signed agreement. When I asked for the 3rd time how I could claim back a loss I haven't suffered - I did not pay for the card and always clear the balance at the end of the month so that interest is not payable
- the call ended. Was this a scam to obtain my card details or is such a claim possible? I can appreciate that many people are lured into taking credit beyond there means after being given too high a limit for their circumstances and they may have a case for compensation.