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| *Loan,banking and credit>>>credit line |
What is the highest line of credit someone who has only been working for 3 months can get? |
What is the highest line of credit someone who has only been working for 3 months can get? Depends on your past history and how much someone is willing to take a risk on you with. Also depends on how much equity they can Seize if need be. A lot depends on your credit history and how much income they can verify. That depends on your credit history, how much you are currently earning and such. Call your bank. It also depends on your past (if you paid your bills on time and also how much do you have saved) and how much you're earning now. You should be more worried about getting the lowest interest rate. I am sure you can get a fairly high limit card, but you will probably be paying a really high (25% or more) interest rate. If you are a young person with basically little or no credit history, and have only been working for three months, the answer is...not much. For instance (and this is only a guess), if you applied for a credit card, I suspect your credit limit would be no higher than $500 (unless you are working a job with a verifiable income of $40,000 a year or more, in which case they might offer you $1000 or $2000 worth of credit). If you want to buy a high ticket item like a new car, my guess is that you would probably still have to have a co-signer. depend your incomes networth mortgage |
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