Mortgage Brokers & Lenders
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 3 years ago, 11/02/2021
Lender messed up my credit
I went to my small local bank and opened a business account after receiving my EIN. I told the lender I am interested in applying for a business credit card using the EIN. Filled out the application and was approved. Turns out, it was approved under my personal name and not under the business. My goal was to start building business credit, not to have another credit card under my name.
What can I do? I called the bank and explained the situation and they said we can close that account but I don’t want to risk my credit taking a hit. Any thoughts/feedback is appreciated...thanks!!