No credit card required
Browse credit cards from a variety of issuers to see if there's a better card for you.
@shoegalwrote:Congrats on all the approvals! I’m going for the visa and business LOC tomorrow.
Good luck
@shoegalwrote:Congrats on all the approvals! I’m going for the visa and business LOC tomorrow.
@Anonymous @shoegal when you find out. Good luck!!
Thanks @Toughfist and @SouthJamaica! I applied today will see what happens. ☺️
Hi.
New member!
Going to start Gardening as soon as you all say go!
Current Personal Scores:
Experian 710
Trans Union 740
Equifax 710
My three personal credit scores are moving up. Predict 770-790 range within 3 months.
I have 2 businesses, neither of which have much in the way of established credit.
Business #1 is 6 years old with clean credit. However, as a result of a dispute I had with a finance company 5 years ago, there is a UCC-1 attached to it.
Business # 2 is new.
My questions:
Which business should I utilize for this journey?
and
How should I space the CC applications so as to not overload personal and business inquiries?
Thanks and looking forward to getting started!
@tbea1004 wrote:
I was recently denied for the business cc and bcloc. I have not recieved the letter yet. Can business lines be reconsidered? If it cannot be reconsidered how long should I wait to reapply. My TU is around 640, util around 70% and should be arount 50% at the end of this month. My company is brand new. What will it take to get an approval?
I don't know but it seems like you should wait for the letter and see what reason(s) they gave.
It couldn't hurt for you to start building business credit. The easiest way to do that is get small "Net 30" accounts from some suppliers or other vendors.
@tbea... have checked your business credit and how is your personal credit? I was recently approved for business credit with NFCU and knowing where you stand with these two play a big factor in your approval.
@tbea1004 wrote:
I have started ordering from a few companies getting net 30 accounts. I know it will take some time for them to report. Hopefully by the end of the year my business and personal credit will be strong enough for an approval.
@tbea1004 wrote:
I have started ordering from a few companies getting net 30 accounts. I know it will take some time for them to report. Hopefully by the end of the year my business and personal credit will be strong enough for an approval.
You're on the right track
Doing some thread necromancy...
I've had my business checking and personal checking with NFCU for a few years, decided to app online last week for a business CC (I've got other business CCs from AMEX and Chase). Thought it was odd the app didn't have a field to specify the credit line requested, so just left it that I was applying for a Visa and didn't fill out the financial info section required if you're applying for $25k+.
Got an email from them today asking for 2017 business and personal tax returns. Ugh. Everything is aboveboard, but I have a personal policy of not providing those unless I'm applying for a loan, so looks like getting a NFCU business CC is off the table now.
EDIT: Starting my own thread on this.