First of all, I have an outstanding Auto Loan that is $9,986.11; original amount of this loan was $17,677.51 with interest rate of 3.9% and I started paying this since 2004.
On my second loan I have $606.37 left; original amount of this loan was $1,500 with interest rate of 12.0% Which I started paying in November 2005.
I have been religiously paying on these loan because they are always taken straight out of my paycheck by my bank and I have never missed a payment. Also I used to have a $22,298 loan which was completely paid off in 2003.
I am 24yrs old, I have a $10,000 savings account and I am making about $24,000 a year.
Now, I don't know what my credit score is, but I'm thinking of getting a credit card for emergencies and I soon want to go on a vacation which is 3 years overdue. Is it possible that I can get at least $5,000 limit on a credit card? Or can I get more than $5,000 credit limit?
Please Help. Thank you beforehand.
2006-08-05
19:07:47
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5 answers
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asked by
Anonymous
in
Personal Finance