CareCredit pulls EQ.
Regardless of scores, I wouldn't expect a $15K CL from them. They don't (usually) go up that high for new cardholders. When DF applied, the rep told her the most a new cardholder could get approved for was $6K. (DF got $5.5K.)
Also, keep in mind that while their 0% financing terms are great, their policy is to charge retroactive interest if the 0% balance isn't paid in full by the time the promotional period ends.
So, if you were to finance $5K at 0% for 12 months, for example:
Pay late even once during that 12 months, and all accrued interest from the date of purchase is immediately added to your account and your 0% terms are cancelled (and jump into the 25-30% range).
At the end of that 12 months, if you haven't paid off the entire $5K balance, all accrued interest from the date of the purchase is added to your account immediately.
They do offer very good terms, but use them wisely!
Message Edited by cheddar on
03-26-2008 03:52 PM