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Looking for a good credit card consolidation loan to pay off my $75k in balances (started a business.) The interest is eating me alive. I haven't had a late payment in over 10 years but the utilization (75%) is horrible for my score. Even a higher interest "bridge" consolidation loan to get me to a lower rate would help, intending to refinance once my score rises.
My experian score is showing as 670 while Transunion and Equifax are sub-600.
I've been taking maximum deductions on my taxes so the business Tax returns (filed under personal) are not showing revenue.
A home run product would be something that allows me to pull off of the Experian score / stated income, not close my credit card accounts.
The amount needed with your scores might be rough. Why 600's?
IANAL nor super business savvy but couldn't you pay yourself from the business and thus show income that way? Of course you'd have no prior history but could show a set income going forward