A Consumer Finance Protection Bureau (CFPB) study analyzed 200,000 credit files from the “big 3” credit bureaus, comparing the lender FICO scores for each report with the “educational” credit scores provided directly by the credit bureaus.

The number one thing that your banker won’t tell you is that the credit scores they use are not the credit scores that are available to you. Banks use multiple credit scores in determining your creditworthiness for loan and account purposes.

Secured Financing https://youtu.be/hgA9mAcUQaY via @YouTube

Building credit for a business is rather simple at the core of it. Sure, there are details. But the process isn’t rocket science, and is perfectly achievable for those willing to put forth the necessary effort.

You can get credit cards for your business through Visa, MasterCard, AMEX, and discover that you can use them almost anywhere for almost any purpose.