what are the requirements to apply for line of credit?
431440
Opening a personal line of credit requires a credit history of no defaults, a credit score of 680 or higher, and reliable income. Having savings helps, as does collateral in the form of stocks or CDs, though collateral is not required for a personal LOC.
1193520
["Four-year Bachelor's degree.", 'Minimum grade point average (GPA) of 3.0 (B average) in the last 60 credit hours of study.', 'Degree granted by university of recognized standing.']
1115593
['ID – Make sure you have valid photographic ID. ... ', 'Proof of Address – A council tax, utility bill or financial statement will suffice. ... ', "Employer – You'll need to gather three to six months' payslips and P60s."]
115946
You can apply online or in branch, and each account holder will need to: Complete an application form with their personal details. Provide proof of address, such as a utility bill or other bank statement. Provide proof of identity, such as a passport or driver's licence.
1378606
['Show proof of insurance.', 'Show proof of a Surety Bond.', 'Provide financial statements.', 'Show proof of 4 years of work experience within the last 10 years in a related field.', 'Pass trade, business, and law exams.']
1044062
A line of credit is a borrowing option where you apply only once for a credit limit that you can continue to use and re-use based on your credit needs. You are charged interest only on the amount that you use1 . You can also access these funds easily through your TD Access Card2 , cheques and EasyWeb Online banking.
433024
Opening a personal line of credit requires a credit history of no defaults, a credit score of 680 or higher, and reliable income.
602140
['Auto loans.', 'Student loans.', 'Minimum credit card payments.', 'Child support and alimony.', 'Any other monthly debt obligations.']
1444415
['Payment history (35%)', 'Amounts owed (30%)', 'Length of credit history (15%)', 'New credit (10%)', 'Credit mix (10%)']
305868
['Your credit score must be at least 620 or 640, depending on the lender. ... ', 'Your maximum debt-to-income ratio can only be 41% to 45%', 'You need a down payment (or home equity if you are refinancing) of 3.5% or more.']
49074
['Your Social Security number.', 'A government-issued ID.', 'Funds for an opening deposit (can be paid with a credit or debit card)', 'A valid email address.']
192874
['18-24 years.', 'Who are not employed or enrolled in an approved educational institution.', 'With or without CXC passes; CXC passes are an asset but not a requirement.']
259753
["Valid driver's license.", 'Insurance card.', 'Any trade documents (title, registration, or loan release)', 'Last two recent pay stubs (from every job you have, if you have more than one)', 'Proof of residency (this could be, for example, in the form of a utility bill)']
1101725
["A Bachelor's degree OR an Associate's degree plus 2 years of relevant work experience.", '60 college credit hours plus 2 years of relevant work experience.', '90 college credit hours plus 1 year of relevant work experience.']
1048689
['You must be under 55 years of age. ... ', 'A score of 65 is required on the points test.']
249816
['Complete an application form with their personal details.', 'Provide proof of address, such as a utility bill or other bank statement.', "Provide proof of identity, such as a passport or driver's licence."]
5937
['Proof of name (e.g. valid passport)', 'Proof of age (e.g. birth certificate)', 'Proof of nationality (e.g. valid passport, national identity card)', 'Proof of address (e.g. valid driving licence, recent utility bill, etc.)', 'A decree absolute or final order (if applicable)']