Valued Member
Posts: 42
Registered: ‎07-01-2007

Status questions during application?

When a CC company asks for thing like household status (i.e. rent vs. own) and things like self-employed vs. company employed and the like, what sort of impact do those have on their decision. I am full-time but I also own my own business where I make just about as much as I do at my full-time job. If I devoted more time to my biz I would probably do more. I also rent though as I usually need more flexibility to move but I also don't have a mortgage to default on. HAHA So am I over analyzing these things?
Super Contributor
Posts: 6,026
Registered: ‎09-18-2007

Re: Status questions during application?

My suggestion, when you apply for the card put your business name as your employer and do not state you are self employed. I own my business, I incorporated it and I put it as my employer. As long as you pay your bills on time they dont care how you earn.
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.

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

IMPORTANT INFORMATION: All FICO® Score products made available on 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.