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Updated almost 4 years ago,

User Stats

4
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0
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Tim Compton
  • Roanoke, VA
0
Votes |
4
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Credit Score Under an LLC?

Tim Compton
  • Roanoke, VA
Posted

It’s a given that your credit score may be a factor when getting a loan from a hard money lender for your next deal.

But I'm curious to know if it was possible or even common for people to establish credit under an LLC and use that credit score when applying for a loan as opposed to using your personal credit score that in some cases may be too low to be approved by certain lenders.

Unless I’m just over thinking it a bit, and a solid 650 may do the trick? But I was curious to hear any thoughts on this or if anyone has had any experience success in doing so.

What about outside of Real Estate? Unless I’m getting into questionable territory. Hmmm

Thoughts?

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