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What are typical APR's on unsecured credit lines for startups?

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2 months ago - 0 answers

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startups? Are you referring to people who have no credit? Well for people who have no credit the usual credit will be variable. In my case, I got a 12.43% interest, variable. Variable means they get the prime rate (published on Wall Street Journal each quarter) and add a percentage to get that interest. Usually if you have no credit, interest will be above 15%. By the way, capital one(most people say stay away from them, I beg to differ) offers some good credit cards for young adults. I got my card in June with 0% interest until December 2009. If you get one, I think you can get no interest until March 2010.

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by M.I.A

2 months ago

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