Collateral Required: Strong personal credit
Line Amounts: $10,000-$150,000
Term: Revolving credit cards
Rate: 0% APR typically for 6-18 months, after that 5-29% APR, 8-12% success rate fee paid after funded
Credit Requirements: Excellent personal credit required with 700 or higher credit score, no late payments or derogatory credit within the last 12 months can be on personal credit now, no open collections or bankruptcies, less than 3 inquiries in the last 6 months on consumer credit report
Details: Approval amounts are typically 5 times the amount of their existing highest seasoned limit credit card, must have open credit cards with balances below 40% of their card limits
Deal Submission requirements: Application, credit monitoring login credentials