Question

Who would likely get the largest credit limit?

A. A college student with with a part time job and no student loan
B. A salaried employee making $100,000 annually with no debt.
C. A salaried employee making $100,000 annually with $500,000 debt
D. All applicants must be given the same credit limit by law.

Answer 1

B, because with no debt and 100k income they can most likely pay off anything they buy and have the most assets.