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#28 Unlocking Business Loans Not Tied to Your Personal Credit with Stephen Wible

Scalable Real Estate Investing

NOTE

How Utilization Can Affect Your Credit Score

Your utilization doesn't affect you. We have a program to help you get credit cards, but you need to be careful. For example, I have a discover business credit card, but it reports in personal credit, so I don't use it. I have other banks that only report on business credit, so I max them out without it affecting my score. The only time it will affect my score is if I personally guaranteed the cards and I default on payment. But as long as you don't default, you're good.

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