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Question By
Jzaugh

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Discover Personal Loan for camera gear
I am looking into applying for a Discover personal loan and I am wondering if theres a good chance of approval for me or if its not worth incase i do not get approved and then I will have a hard pull on my CR. My situation is as follows: I'm 20 years old, I work on a yacht, and I am about to do some traveling so I would like to get invest in a camera body and a good lens or to to document my trip. I would be applying for somewhere between $2,000-$6,000. I have a limited credit history of 9 months but no negative remarks. I have one credit card (Wells Fargo Platinum Visa) with only an $800 credit limit and I'm currently using 80% of my limit as I was between jobs but i will have it down to 20% utilization within a month. I only have 1 hard pull on my record. As of a few days ago my Transunion score is 664 and my Experian score is 694, i don't have an equifax score yet for some reason. I would easily be able to pay off a loan as i make $3000 a month and i have no expenses due to the fact that I live on a boat. I know i could easily just save for a few months and i would have enough but I would rather have the camera gear at the start of my trip and i would also like a loan because it would add to my credit history. Any advice is appreciated.

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