Thursday, December 15, 2011

What is the basis of credit card company on how much credit limit they give to a person?

My buddy and I applied for a credit card with same company. Both of us have no credit score, I'm pretty sure of it.In short, we're beginners. But he's credit limit is thrice than mine.|||the credit limit is given based on many factors:


- past employment history


- salary


- bank accounts and savings


- property owned


- duration (months and yrs) of living in one address


- age, etc.





it is likely that your buddy has better above factors than u.

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