Reply
Regular Contributor
Posts: 201
Registered: ‎03-02-2012
0

New business owner seeking credit card..

Hi guys, I am a new business owner!!! I'm super excited. I have spent so much money getting the business started and have no mure funds available for a few months. I would like to apply for a business credit card. What exactly do I need to apply? My business just opened so I'm not making much profit, will that be a problem? Thanks, your feedback is well appreciated.
Jan 2012 TU 517 EX(fako) 524 EQ 470
Current score LENDER PULL TU 652 EX 641 EQ 617
Yayy we made it!!!
Epic Contributor
Posts: 25,246
Registered: ‎10-23-2007
0

Re: New business owner seeking credit card..


How2increase wrote:
Hi guys, I am a new business owner!!! I'm super excited. I have spent so much money getting the business started and have no mure funds available for a few months. I would like to apply for a business credit card. What exactly do I need to apply? My business just opened so I'm not making much profit, will that be a problem? Thanks, your feedback is well appreciated.

Your Credit is your problem. (sorry)

If your business income is your only income, then yes it's going to be a problem.

But with scores under 600 or just above, you can get yourself a Capital One "Maybe" but real credit cards - not right now

Read some of the threads about building business credit outside of PG credit.

Fico Scores: EQ- 670., TU 710 Sync, EX 728 SoFi(05/04/15)
I'm just trying to catch up to RON1
95 Cards and Counting Smiley Tongue
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.