The content is accurate at the time of publication and is subject to change.

If you need the maximum assurance you'll get the required amount, a personal loan is the option to go with. However, things are not black and white with personal loans either. They also require approval, and the approved amount may be lower than you requested. Therefore, we would recommend requesting a bit more than you need, just to be on the safe side.

On the other side, if your FICO credit score is high enough, 700 and higher, a 0% intro APR credit card would be a better option. Having an excellent credit score, your chances to qualify for a higher starting credit limit are pretty good. Credit card limits may range anywhere from 15K to 25K for people with a good-to-excellent credit history.

Even if you do not qualify for the required amount, you can call the issuer right after approval and request a credit limit increase explaining why you need it. The issuer may approve your request if you are creditworthy enough.

tags : Credit Cards Loans

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer(s). Opinions expressed here are the author's alone, not those of the credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the credit card issuer(s). Reasonable efforts are made to present accurate information, however all information is presented without warranty. Consult a card's issuing bank for the terms & conditions.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.