P-40.1 - Consumer Protection Act

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128. A merchant may not increase the credit limit granted except on the express request of the consumer.
The merchant may not increase the credit limit beyond the new limit requested by the consumer.
The fact that a consumer makes a transaction resulting in the credit limit granted being exceeded does not constitute an express request.
1978, c. 9, s. 128; 2017, c. 242017, c. 24, s. 34.
128. Where the merchant has indicated to the consumer the amount up to which variable credit is extended to him, the merchant shall not increase such amount unless the consumer expressly applies therefor.
1978, c. 9, s. 128.