2007-08-05 05:50:37 · 4 answers · asked by momma t 2 in Business & Finance ➔ Credit
You will need about a month after getting your first credit to generate a score. It will start pretty low. Your first debt might be a secured credit card or very low limit. It takes a while to see what kind of borrower you are. If you have security for a loan and high income you may be able to borrow 15,000 but it isn't likely without a cosigner since you are a new borrower and nobody likes to take the risk.
2007-08-05 06:06:45 · answer #1 · answered by shipwreck 7 · 0⤊ 0⤋
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2007-08-05 13:30:57 · answer #2 · answered by Anonymous · 0⤊ 0⤋
6 months to a year.
What will your collateral be for the loan?
2007-08-05 06:06:24 · answer #3 · answered by Anonymous · 0⤊ 0⤋
saving money,paid your utility bill on time
2007-08-09 04:30:21 · answer #4 · answered by KIMY 1 · 0⤊ 0⤋