Banks to Continue Adjusting Credit Card Limits Based on 4 Times Income - CNBC-e

According to sources from the Banking Regulation and Supervision Agency (BRSA), there is no new regulation regarding credit card limits, and the practice of adjusting limits based on a multiple of four times the income will continue. BRSA sources indicated that there will not be a new regulation on credit card limits. Banks will continue to adjust the limit according to four times the income. The limit will be determined based on the consumer's income and spending patterns.