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BHG - I applied, approved $200K -- Any other experiences?

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CBetc
Contributor

Re: BHG - I applied, approved $200K -- Any other experiences?


@Mdg1307 wrote:

Which bureau(s) do they pull ?


For me only TU. The HP appeared about three weeks after funding.

Message 11 of 16
Mdg1307
New Contributor

Re: BHG - I applied, approved $200K -- Any other experiences?


@CBetc wrote:

@Mdg1307 wrote:

Which bureau(s) do they pull ?


For me only TU. The HP appeared about three weeks after funding.


Glad to hear as that's my best score at 848. What other info/ documentation was needed ?

also they say the trade line doesn't appear on your report, is that true in your experience?

Message 12 of 16
CBetc
Contributor

Re: BHG - I applied, approved $200K -- Any other experiences?


@Mdg1307 wrote:

@CBetc wrote:

@Mdg1307 wrote:

Which bureau(s) do they pull ?


For me only TU. The HP appeared about three weeks after funding.


Glad to hear as that's my best score at 848. What other info/ documentation was needed ?

also they say the trade line doesn't appear on your report, is that true in your experience?


Verification of pay via last four paystubs, and three months of bank statements for the account it will be paid into (and autopaid out of). No business accounts directly, just personal accounts.

 

So far, nothing on personal credit, correct. Given that that was the primary selling point for BHG for my purposes, and was emphasized by the officer I was working with, I'll be quite upset if I was misled, lol. This was very recent though, and if it were to post it could still do so and simply be delayed.

Message 13 of 16
Mdg1307
New Contributor

Re: BHG - I applied, approved $200K -- Any other experiences?


@CBetc wrote:

@Mdg1307 wrote:

@CBetc wrote:

@Mdg1307 wrote:

Which bureau(s) do they pull ?


For me only TU. The HP appeared about three weeks after funding.


Glad to hear as that's my best score at 848. What other info/ documentation was needed ?

also they say the trade line doesn't appear on your report, is that true in your experience?


Verification of pay via last four paystubs, and three months of bank statements for the account it will be paid into (and autopaid out of). No business accounts directly, just personal accounts.

 

So far, nothing on personal credit, correct. Given that that was the primary selling point for BHG for my purposes, and was emphasized by the officer I was working with, I'll be quite upset if I was misled, lol. This was very recent though, and if it were to post it could still do so and simply be delayed.



@CBetc wrote:

@Mdg1307 wrote:

@CBetc wrote:

@Mdg1307 wrote:

Which bureau(s) do they pull ?


For me only TU. The HP appeared about three weeks after funding.


Glad to hear as that's my best score at 848. What other info/ documentation was needed ?

also they say the trade line doesn't appear on your report, is that true in your experience?


Verification of pay via last four paystubs, and three months of bank statements for the account it will be paid into (and autopaid out of). No business accounts directly, just personal accounts.

 

So far, nothing on personal credit, correct. Given that that was the primary selling point for BHG for my purposes, and was emphasized by the officer I was working with, I'll be quite upset if I was misled, lol. This was very recent though, and if it were to post it could still do so and simply be delayed.


Thank you for all the info!

this send like a good program they're offering 

Message 14 of 16
Knowledgelevel
New Visitor

Re: BHG - I applied, approved $200K -- Any other experiences?

What was the underwriting like after the pre approval? What docs did they require for funding ?

Message 15 of 16
AzCreditGuy
Valued Contributor

Re: BHG - I applied, approved $200K -- Any other experiences?

Hmmm I would stay away from them, they offered me a predatory loan a year ago on the business side. The guy was a shady car salesperson who acted like the fee's and rate were perfect me. I told them to F off and never contact me again. I continue to get mailers from these shady company and I just put "RETURN TO SENDER" I would have an attorney or lender look at the paperwork before you accept any terms from them 

Message 16 of 16
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