0
Can a person increase the credit limit of a home equity loan over the phone or do you have to start the loan process all over again?
Wiki User
∙ 18y ago
If it is a home equity loan, then it is much different than a credit card. You cannot increase the limit.
Wiki User
∙ 18y ago
Add your answer:
Earn +20 pts
How can someone get a home equity loan if they have bad credit?
A person with bad credit can still apply and get a home loan by using the equity in their home as collateral. The more equity in the home the better the chances of being approved for the loan.
What are two types of credit a person can use and have?
people can have several credits, line of credit, credit cards and equity in their home to name a few.
With whom can refinance home equity loans be arranged?
Home equity loans can be done through a person's personal bank, or though a the company which sold the house. And the person who owns, or in the process of owning the house is the one that can ask for an equity loan.
Definition of credit investigation?
A credit investigation is the process of investigating whether a person's credit has been compromised. This normally happens when a person reports and unauthorized transaction.
What are a few tips to increase a person's credit report rating?
There are many tips to increase a person's credit report rating. Some of them are pay their bill on time, keep the credit card balance low, avoid access inquiries,avoid bankruptcy and many more.
How can someone get a home equity loan if they have bad credit?
A person with bad credit can still apply and get a home loan by using the equity in their home as collateral. The more equity in the home the better the chances of being approved for the loan.
What are two types of credit a person can use and have?
people can have several credits, line of credit, credit cards and equity in their home to name a few.
Are accounts receivable a debit or credit?
Accounts receivable is a debit.Answer:Accounts receivable is an asset and therefore maintains a debit balance. This is an account listing what a person or company owes you, or money that you expect to receive. Since it is an asset (all assets maintain a debit balance) it means to increase the account you debit it and to decrease it (when a payment is made by the customer) you credit it.Assets = debit balance (increase with debit, decrease with credit)Liabilities and Owners Equity = credit balance (increase with a credit, decrease with a debit)(GAAP)
Can I add my name to another person's credit report to increase my credit score?
No.
With whom can refinance home equity loans be arranged?
Home equity loans can be done through a person's personal bank, or though a the company which sold the house. And the person who owns, or in the process of owning the house is the one that can ask for an equity loan.
Definition of credit investigation?
A credit investigation is the process of investigating whether a person's credit has been compromised. This normally happens when a person reports and unauthorized transaction.
What are a few tips to increase a person's credit report rating?
There are many tips to increase a person's credit report rating. Some of them are pay their bill on time, keep the credit card balance low, avoid access inquiries,avoid bankruptcy and many more.
Where can a person find advice on repairing bad credit and equity loans?
A person can receive help on credit repair from a friend or family member as well as a financial advisor at their financial institution. Most banks have a financial advisor that can advise you how to pay off your debts and repair your credit.
Where can you apply for a home equity loan in Jacksonville?
Coastline Federal Credit Union offers home equity loans to people who live in Jacksonville, Florida. Applications can be filled out online or in person at the nearest branch office.
Can someone else's credit be used to obtain an equity loan if they are not on the first mortgage or title?
If the person lives in the home and is added to the title, it can be done.
How do you ask for a credit increase on your new credit card?
Contact the customer service department of the card issuer. They will ask a few questions, for example, if your source of income has increased since you originally opened the account. They may also look at the person's credit-debt-income ratio and perhaps their complete credit report. If your account is in good standing it's possible they will waive all these options and increase your credit line. Any action concerning the account could be noted on the person's credit report whether or not the increase is granted.
7p's of marketing mix of credit card?
place promotion process person distribution
