What is a good score to get approved for a loan from hcbc?
Answers:
Well a personal loan requires a very good credit history from any bank. Let me rephrase that, you need an Excellent repayment history to be approved for a personal loan.
A credit card is much easier to apply and get approved for, but you might only get $500 spending limit and the interest rate is very high. A risk they will take due to the low amount and ability to adjust your limits higher or lower. With a personal loan that is not possible and probably not available without a cosigner if you have so so credit.
Do you mean HSBC ?
I got approved with a score of 625 two years ago, and this was just three years after filing Chapter 7 Bankruptcy. Also, I was approved on my sole income.l
with most creditors it is around 620-630 range.
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