topic BHG MORE BUSINESS CC APPROVAL in Business Credit

BHG MORE BUSINESS CC APPROVAL

mfinsmi1 — Wed, 30 Nov 2022 04:21:09 GMT

Instant approval, 8K

Edit : im pretty sure they pull TU fico 5 , not TU 9, after receiving welcome email

Sole Prop

Re: BHG MORE BUSINESS CC APPROVAL

FinStar — Wed, 30 Nov 2022 04:09:52 GMT

Very nice approval OP. Congrats!

I've seen some mixed reviews on the process. Did you have to submit it over the phone or did it online? I was always under the impression they had to manually review in a variety of instances and instant approvals were not common unless things changed recently.

Re: BHG MORE BUSINESS CC APPROVAL

mfinsmi1 — Wed, 30 Nov 2022 04:21:51 GMT

@FinStar they changed banks from Pinacle to Blue Ridge recently, as a result you can apply right online and get an instant decision

Re: BHG MORE BUSINESS CC APPROVAL

FinStar — Wed, 30 Nov 2022 04:29:42 GMT

@mfinsmi1 wrote:
@FinStar they changed banks from Pinacle to Blue Ridge recently, as a result you can apply right online and get an instant decision

Well, that's definitely refreshing! Last I remember the UW was through Pinnacle Bank in PA. Thanks for the updated DPs 😁

Re: BHG MORE BUSINESS CC APPROVAL

jaxstraw — Thu, 01 Dec 2022 02:17:31 GMT

@mfinsmi1 wrote:
Instant approval, 8K
Edit : im pretty sure they pull TU fico 5 , not TU 9, after receiving welcome email
Sole Prop

Thanks for the heads up.

Just applied.... instant approval.....$10k

And I think it might be TU Auto 5.....the score on my email matched that version.

Re: BHG MORE BUSINESS CC APPROVAL

mfinsmi1 — Thu, 01 Dec 2022 02:52:15 GMT

@jaxstraw CONGRATS love to see BHG giving out all this business credit to us 🎉

Re: BHG MORE BUSINESS CC APPROVAL

cashorcharge — Mon, 05 Dec 2022 00:35:41 GMT

Congratulations @mfinsmi1 and @jaxstraw on your BHG Business Approvals!!🎉🥂🍾

Re: BHG MORE BUSINESS CC APPROVAL

SouthJamaica — Mon, 12 Dec 2022 17:16:21 GMT

@jaxstraw wrote:
@mfinsmi1 wrote:
Instant approval, 8K
Edit : im pretty sure they pull TU fico 5 , not TU 9, after receiving welcome email
Sole Prop

Thanks for the heads up.
Just applied.... instant approval.....$10k

And I think it might be TU Auto 5.....the score on my email matched that version.

Mine appeared to be TU FICO 8. It was definitely not TU FICO Auto 5.

Re: BHG MORE BUSINESS CC APPROVAL

SouthJamaica — Mon, 12 Dec 2022 17:16:50 GMT

@jaxstraw wrote:
@mfinsmi1 wrote:
Instant approval, 8K
Edit : im pretty sure they pull TU fico 5 , not TU 9, after receiving welcome email
Sole Prop

Thanks for the heads up.
Just applied.... instant approval.....$10k

And I think it might be TU Auto 5.....the score on my email matched that version.

Congratulations on the approval.

Re: BHG MORE BUSINESS CC APPROVAL

cashorcharge — Mon, 12 Dec 2022 17:26:50 GMT

@SouthJamaica wrote:
@jaxstraw wrote:
@mfinsmi1 wrote:
Instant approval, 8K
Edit : im pretty sure they pull TU fico 5 , not TU 9, after receiving welcome email
Sole Prop

Thanks for the heads up.
Just applied.... instant approval.....$10k

And I think it might be TU Auto 5.....the score on my email matched that version.

Mine appeared to be TU FICO 8. It was definitely not TU FICO Auto 5.

Agreed...I received the "what your credit costs.." letter and it was showing F8

Re: BHG MORE BUSINESS CC APPROVAL

TryItAgain — Wed, 14 Dec 2022 15:31:12 GMT

@mfinsmi1 wrote:
Instant approval, 8K
Edit : im pretty sure they pull TU fico 5 , not TU 9, after receiving welcome email
Sole Prop

Cool thanks for the heads up. I looked into them a few months back but held off due to closing on house coming up.

Now that house closed 11-28-22 I needed this reminder about BHG. Took a shot applying on the website for business card. Next day they asked me to unfreeze my TU only by text.

30 Minutes after doing so I got an approval for $24k and they apparently do not report to personal reports unless you default, according to their FAQ's. Based on the TU score on shown price you pay for credit email, it matches my TU 5 score not 9.

I am a single member LLC with TU of around 790-800 give or take. However, I just had a major app spree before BHG after my MTG closed (added like 5 pers & 4 bus accts that all rqd HP's). The inquiries & new accounts did nto seem to affect BHG approving me. YMMV

Nice thanks again!

Re: BHG MORE BUSINESS CC APPROVAL

mfinsmi1 — Fri, 16 Dec 2022 06:41:11 GMT

@TryItAgain congrats and yes im suprised i got approved with the limit i did becase my fico 5 score is nearly 60-70 points lower than my f8

Re: BHG MORE BUSINESS CC APPROVAL

SouthJamaica — Fri, 16 Dec 2022 14:35:22 GMT

@TryItAgain wrote:
@mfinsmi1 wrote:
Instant approval, 8K
Edit : im pretty sure they pull TU fico 5 , not TU 9, after receiving welcome email
Sole Prop

Cool thanks for the heads up. I looked into them a few months back but held off due to closing on house coming up.

Now that house closed 11-28-22 I needed this reminder about BHG. Took a shot applying on the website for business card. Next day they asked me to unfreeze my TU only by text.

30 Minutes after doing so I got an approval for $24k and they apparently do not report to personal reports unless you default, according to their FAQ's. Based on the TU score on shown price you pay for credit email, it matches my TU 5 score not 9.

I am a single member LLC with TU of around 790-800 give or take. However, I just had a major app spree before BHG after my MTG closed (added like 5 pers & 4 bus accts that all rqd HP's). The inquiries & new accounts did nto seem to affect BHG approving me. YMMV

Nice thanks again!

Congratulations on your approval.

Now that I think about it, I don't think there is a TU FICO 5. There's TU FICO 4, and there's EQ FICO 5. In my case they appeared to pull TU FICO 8, but I can't rule out its having been TU FICO 4.

Re: BHG MORE BUSINESS CC APPROVAL

mfinsmi1 — Sat, 17 Dec 2022 02:18:04 GMT

@SouthJamaica oh yah well in myfico under the fico 5 4, and 2 scores, thats the score that matched what was on my application when i got approved

Re: BHG MORE BUSINESS CC APPROVAL

SouthJamaica — Sat, 17 Dec 2022 14:02:40 GMT

@mfinsmi1 wrote:
@SouthJamaica oh yah well in myfico under the fico 5 4, and 2 scores, thats the score that matched what was on my application when i got approved

That would be consistent with @M_Smart007 's experience.