Bad Credit Repair Resources
Repairing your credit even the smallest amount is always a good step to take before you apply for a business loan. It just looks better on your application and can allow for a reduction in rates because there is less risk involved. Below is a list of resources to help you get prepared for your business loan application.
FTC-Help Yourself
Wiki Insights
Credit Repair Companies
FTC-Help Yourself
Wiki Insights
Credit Repair Companies
Credit Reporting Agencies
Experian
Equifax
Transunion
All three of these companies monitor your credit. You can go to annualcreditreport.com and receive a free credit report from all of the agencies listed above. You get one free report a year so use it wisely. If you are preparing to submit a business loan application you should certainly look at the following steps as you prepare.
Bad Credit Business Loan Application Steps
Step 1. Get a free credit report from all 3 major agencies.
Step 2. Dispute any negative items you can on your own. all it takes is a few clicks at the credit reporting agency's website. Check to see if any negative items have passed the threshold to be automatically deleted, and also see if any data is erroneous.
Step 3. Consult with a professional about how you can improve your credit even further.
Step 4. Submit your business loan application.
If you are a business owner you meet the most important requirement for a bad credit business loan. Improving your credit even slightly will only improve your chances to receive funding, and the rates and fees you will pay. Do a little bit of work on your credit and you will put yourself in a prime position to get your business funding.
Equifax
Transunion
All three of these companies monitor your credit. You can go to annualcreditreport.com and receive a free credit report from all of the agencies listed above. You get one free report a year so use it wisely. If you are preparing to submit a business loan application you should certainly look at the following steps as you prepare.
Bad Credit Business Loan Application Steps
Step 1. Get a free credit report from all 3 major agencies.
Step 2. Dispute any negative items you can on your own. all it takes is a few clicks at the credit reporting agency's website. Check to see if any negative items have passed the threshold to be automatically deleted, and also see if any data is erroneous.
Step 3. Consult with a professional about how you can improve your credit even further.
Step 4. Submit your business loan application.
If you are a business owner you meet the most important requirement for a bad credit business loan. Improving your credit even slightly will only improve your chances to receive funding, and the rates and fees you will pay. Do a little bit of work on your credit and you will put yourself in a prime position to get your business funding.