No history of Bankruptcy in the last 2 years
Seeking unsecured capital
Seeking a minimum of $10k (Our sweet spot is the $50k-$150k range)
A minimum credit score of 640
A minimum age of file of 3 years (If the client has less than 3 years they can still qualify for funding if they've established 15k in revolving credit limits)
At least 2 individual revolving lines that are active (Can be authorized user accounts)
Over $5k in total revolving credit limits
An individual revolving line with a credit limit of $3k or more
Six or less inquiries per bureau in the last six months
No more than three late payments in the last two years
No more than two derogatory accounts including:
A. Unpaid Collection
B. Charge Ofs
C. Foreclosures
D. Repossessions
E. Short Sales
F. Unpaid Tax Liens
G. Unsatisfied Judgments
H. Household income of $40K or more.
