Reply
Member
Posts: 10
Registered: ‎09-24-2012
0

Line of Credit

I am looking to secure a line of credit and was wondering what banks are my best bet I have a 667 fico.

Regular Contributor
Posts: 351
Registered: ‎02-01-2010
0

Re: Line of Credit

Welcome to the forums! Securing a line of credit is not solely dependent upon your FICO score. They will look at your entire credit profile and your income in addition to how much you're asking for. You'll have to let us know what credit you currently have and the status, whether you have negatives, utilization, etc. I would suggest a credit union or a bank that you have an established relationship with.

Meg.

FICO: 04/2014 - TU 765 | EQ ??? | EX 768

Barclays / Sallie Mae World MC 13,000 | FNBO 11,600 | Lowes 10,000 | LOC 9,300 | Amex BCP 7,200 | BOA Platinum+ 6,000 | Amex SPG 5,700 | Achieva CU 5,500 | Citi Simplicity 5,200 | Chase CSP 5,000 | Discover 4,000 | Sam's Club 3,000 | Sears 900
Epic Contributor
Posts: 23,240
Registered: ‎10-23-2007
0

Re: Line of Credit


greenspan wrote:

I am looking to secure a line of credit and was wondering what banks are my best bet I have a 667 fico.


1. Who do you bank with currently for checking?

2. Are you current member of any credit unions?

3. How much are you looking for?

4. Do you need it now up to certain amount or you want it just sitting?

Fico Scores: EQ- 668 DCU., TU 704 Best Buy, EX 700 Chase (2/5/15)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
Lowest Limit: Target $200
67 Cards and Counting :smileytongue:
Member
Posts: 10
Registered: ‎09-24-2012
0

Re: Line of Credit

I currently have checking accounts with Wells Fargo and PNC.

I am a member of Associated CU

I am looking for a line of $10,000

I am looking to use it to make various investments.

Member
Posts: 10
Registered: ‎09-24-2012
0

Re: Line of Credit

I make around 6,800 per month.  I have 24 months of clean payment history and a 11 year old credit history.  I have 10% utilization of a total of $2,800 in crecit card limits.

Epic Contributor
Posts: 23,240
Registered: ‎10-23-2007
0

Re: Line of Credit


greenspan wrote:

I currently have checking accounts with Wells Fargo and PNC.

I am a member of Associated CU

I am looking for a line of $10,000

I am looking to use it to make various investments.


What Credit Cards do you currently have and those limits and balances?

If not part of my above question, do you have any credit with Wells or PNC?

Fico Scores: EQ- 668 DCU., TU 704 Best Buy, EX 700 Chase (2/5/15)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
Lowest Limit: Target $200
67 Cards and Counting :smileytongue:
Member
Posts: 10
Registered: ‎09-24-2012
0

Re: Line of Credit

Bank of America Secured $1000limit /$20 bal

Cap 1 500/ 5

Cap 1 750/15

Orchard Bank 500/10

Applied Bank 500/5

  No lines with Wells or PNC.

 

Thanks 


Epic Contributor
Posts: 23,240
Registered: ‎10-23-2007
0

Re: Line of Credit


greenspan wrote:

Bank of America Secured $1000limit /$20 bal

Cap 1 500/ 5

Cap 1 750/15

Orchard Bank 500/10

Applied Bank 500/5

  No lines with Wells or PNC.

 

Thanks 



Who is your 667 Fico with?

When is last Baddie, what is still showing unpaid? Any bk's?

Fico Scores: EQ- 668 DCU., TU 704 Best Buy, EX 700 Chase (2/5/15)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
Lowest Limit: Target $200
67 Cards and Counting :smileytongue:
Member
Posts: 10
Registered: ‎09-24-2012
0

Re: Line of Credit

EFX 667
TU 662
All accounts are paid except mortgage and auto. Last late was 8/2010 no bks
Established Contributor
Posts: 529
Registered: ‎02-14-2012
0

Re: Line of Credit

LOL! Greenspan, I just have to laugh. :smileyvery-happy: Do you feel as if you've just gone through the app process? I know folks here need this info to answer your questions and help you out, but it just struck me as funny while reading each post. Welcome and good luck!

AmEx Platinum | AmEx BCP | AmEx Delta Gold | CSP | Chase Freedom | NFCU cashRewards Visa Sig | NFCU Plat MC | WM MC | Discover it | JCP


Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions based on Experian or Equifax data (additional FICO® Score versions based on TransUnion data are not currently available on myFICO.com). Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.