Banks in Ireland will soon be banned from raising a customer’s borrowing limit on a credit card without getting their permission first.
This can only be a good thing. I’ve had one or more credit cards for the last ten years or so, and it is always very difficult to get into the discipline of not spending what you don’t have. Even if you set it up so you pay the balance in full every month. So much so that for now I have discontinued the use of credit cards except where it makes sense to use the built-in protection from non-delivery of goods etc.