03-19-2013 08:30 PM
Have been reading these forums for quite sometime and have applied a lot of what I have learned, both personally and professionally. My business is close to 15 years old and we have been blessed. We have no debt, a retail location, etc., but over the six months I have really been working to build business credit separate from my personal with no PG. My Experian Business Score is 67, but the only thing reporting on it is a personal card that we use for business sometimes but pay off monthly. My D&B shows a Paydex of 80 now with a couple of tradelines reporting, which I thought was the bomb. Yet I still apply at places like Dell, Staples, Office Depot, Home Depot, etc. just to get something reporting and all get declined without a personal guarantee because of not being able to find any info on my company. Not sure how that is when we have both Experian and D&B showing something. Can someone enlighten me or tell me what I could be doing wrong.
Thanks in advance...
03-20-2013 09:44 PM
Not sure anytime recently but I have had to call in the past when dealing with GE backed cards to have a manual review done just so they can search out and find the company... sometimes a , or LLC or DBA might get lost in the computer or something.... Usually if you can help in directing them it helps... I am the type of person who will "argue" until I get what I want... you have to find the tone that keeps them from hanging up on you but yet make them find the answer that makes you right and them approve you!!
it's time consuming... but depending how much time you want to spend or stickler on no PG... might be faster and easier to get a couple LARGE PG Credit Line accounts and then you will be off and running IF any of the store cards would be ANY benefit at all!
GE - Sams, Amazon, Walmart, Chevron, Lowes, etc.
Citi - Home Depot, Costco (very hard to find the HSBC -maybe now Capital One Store Card not the Amex Costco... most employees don't even know and you need a paper application)
03-30-2013 02:44 PM
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