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Requirements to be approved for LOC

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4 hours ago, RNGesus said:

What’s the likelihood of getting a PSLOC with basically no income without a co-signer? I know TD won’t give me anything due to the lack of income, even with my credit score being just fine. 

You don’t need an income for most banks. They put down an income that is anticipated you’ll earn after graduating as the income (based on their internal numbers). All you need is a good enough credit score that is sufficiently long and devoid of major negatives like collections or excessive late payments.


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