Personal Funding5679411
De BISAWiki
EXPERIAN FUNDING EQUIFAX FUNDING AND TRANSUNION FUNDING Are you looking for experian funding, equifax funding or transunion funding? If you are looking for funding with just one bureau, chances are one of your credit score is higher on one bureau than the other 2 bureaus. although getting funding from all three bureaus is the best, you can still raise good amount of working capital from just one bureau.PRIMARY TRADELINES In most cases, experian is pulled from west coast, equifax is pulled from east cost and transunion is pulled from south and northeast. This is the general rule of thumb but of course every state is different. Same bank pulls credit from different bureaus and differs from state to state. There is no special rules or formula and banks switches bureaus at random so there is no way to really predict.EXPERIAN FUNDING Most people with 9 to 5 jobs really don't have too much knowledge about credit and credit bureaus. They rely on companies to repair their credit and get funding. Unfortunately, there are also many companies (so called companies) that does not have much knowledge about credit and credit bureaus either. There are lots of rip-offs, scams and incompetent companies. In fact, there are more incompetent companies than competent companies. Funding is not just about knowing what bureau banks pull credit from. It's a lot more than that. Income, debt to credit ratio, address, region and time zone and more plays a major role in funding results. So when you are looking to get unsecured personal funding, interview at least 5 to 7 companies and before you make a commitment. Make sure the company you chose is prompt, organized and knowledgeable. EQUIFAX FUNDING experian funding, equifax funding and transunion funding all share a similar prerequisite and requirement. Below are general requirements. Must have a 680 fico score or above Must have lower than 30% balance on your revolving acct Must have at least 1 primary acct with 12 months + history Must not have any derogatory items Must not have more than 1 new account within the past 6 months Must not have more than 2 inquiries within the past 6 months If you meet the above requirements, you can expect to raise about $40k to $100k per bureau. Typical form of funding are credit cards, line of credit and personal loan. Since this is a unsecured personal funding, you do not need to own a business, own properties or show collateral. Depending on the company you work with, documentation such as paystub, W2 or tax return may be need.
Written by Richard Kim 07/18/2013
