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Our goal here is to optimize your personal credit. It is actually the foundation to qualify for business funding. Follow the steps outlined below and you will become the perfect borrower!

🚨 If you need credit repair, we offer SUPER affordable plans. Our main goal is to fix credit as soon as possible to get you access to 100k-200k+ in funding. Don’t let your credit hold you back.

Step-By-Step Personal Credit Optimization

MyScoreIQ | Credit Reports Plus Identity Theft Protection

Credit Score 700+

A stellar credit score is the keystone of funding success. Aim for a 700+ score to pass the first checkmark of many funding institutions. This three-digit number is a summary of your creditworthiness and surpassing the 700 threshold positions you as a reliable borrower.

Utilization Ratio Under 30%

Credit utilization—how much of your available credit you're using—should be kept below 30% on every single personal credit card (does not apply to personal loans & does not apply to business accounts). This signals to lenders that you're responsible and not over-leveraging your financial resources.

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Manage Your Credit Utilization: Pay down existing balances to get below that 30% threshold. Consider spreading your balances or asking for higher credit limits to improve the ratio

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Minimum of 4 credit Accounts and 10 total account

Volume is key. Maintain at least four personal credit accounts to showcase your experience in managing multiple credit lines. This demonstrates to lenders your ability to handle more accounts responsibly.

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Review Your Credit Accounts: If you're below four credit accounts, it might be time to consider opening another one. But do so strategically—each new account should be a calculated step, not a leap of faith.

  1. Best ways to do this:

    1. Getting credit cards with banks that are good for funding such as AMEX, Chase, or US Bank to establish that relationship.
    2. Adding a credit builder account such as Credit Strong

    CreditStrong: Get a Credit Builder Loan that Builds Credit and Savings

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Average Credit Age: 2+ Years (4+ preferred)

Longevity matters. An average credit age of over two years suggests stability and a seasoned credit history, which is appealing to creditors. It reflects your sustained ability to manage credit over time.

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Age Your Accounts: Be patient. Avoid opening too many new accounts at once on your personal credit and keep older accounts open to increase the average age.

  1. A simple trick is to get added as an Authorized User on a credit card that has been open for a long time. Ask a family/friend. It does not cost anything or hurt their credit at all. Only benefits. </aside>

No Late Payments in the last 24 Months

Punctuality in payments cannot be overstated. Ensure there have been no late payments in the last two years. Consistent, on-time payments enhance your credibility as a borrower.

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Stay Punctual with Payments: Set reminders and autopay on your accounts to ensure you never miss a payment deadline.

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