Top-Up cover: additional option to increase your credit limit!

Published on 23/01/2018

If a credit limit on a debtor has been reduced or set lower by your credit insurer, the credit limit can be supplemented through Top-Up cover under certain conditions. The Top-Up limit is an additional credit limit that can be issued in basic up to double the reduced or lowered credit limit.

First of all, Xolv will perform a careful analysis of whether the originally requested credit limit can still be set higher. Whereby a temporary limit can possibly be used. If the increase is not possible, you can choose to increase the limit with the existing credit insurer by means of a Top-Up limit or you can apply for a Top-Up limit with an external insurer (whereby the primary insurer must give its approval).

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