Christi, Congradulation,24.99% is kind of high for Apple Loan. They approved me for $5500 with 14.99% APR.After a year, I request to lower APR and they lowered from 14.99% to 12.99%. Well, I get bored last month and I applied for Target Visa. I got approved. Ron.
The quantum is the top of the line MBNA card (at least to my knowledge). Apparantly this LOC can be combined with an MBNA credit card. The LOC can also be used for cash, but there is a tranaction fee. I applied and was approved for $2500 (which in my opinion, this small amount was a waste of 2 inquiries, 1 on TU and 1 on Ex). I will combine it with my Quantum to get my Quantum limit increased.
Brenda, Apple Instant can be used to purchase Apple computer, writing the convenience checks to access credit line and having cash direct deposit into your checking. O fcourse you can combine LOC and other MBNA credit card convert into Quantum. Writing access check they charge 3% transaction charge. By the way, they made 2 inquiries into credit report. In my case they made 2 inquiries into Experian credit report.Apple Instant Loan is line of credit and you cannot take cash out of the ATM. It is NOT a CREDIT CARD. Ron.
