Funding Sequence · HRC Credit Mentorship

Yassin Mghari

15d (edited) • Wins 🏆

Funding Sequence

Wanted to share my recent credit app spree data points

Approvals

Service CU: $24.5k CC + $5.5k LOC (relationship, no docs)
Robinhood Gold: $10k (no HP)
Coinbase One: $10k (no HP)
OnePay: $7.5k (no HP)
Barclays JetBlue: $11k
Amex Blue Business Plus: $2k → transferred $17k from personal BCP for a $19k limit (0%)
Chase Ink Business: Denied for too much available credit → recon approved for $8k SL
BOA Business: $2k SL (30-day review, requested business tax returns)
TD Cash: $20k (used pre-qualification first)
TD Double Up: $10k 0% (swept first TD EX inquiry and reapplied)
BECU Cash Back: $2k → recon to $5k + $3k LOC
BCU Cash Back: $5k (also pre-approved for an auto loan)
Navy FCU: Refinanced auto loan through hardship program to 5% APR for 72 months (no HP)

Denials

Navy FCU Flagship (messed up the 2-tab method, plus little account usage)
Truist Business
Citizens Business
Citizens Summit ($30k prequal, didn't accept it and now can't get back through identity verification)
First Tech CU
Alliant CU (bad income docs)
NASA FCU (bad income docs)
Justice FCU (bad income docs, very stingy)
Langley CU (bad income docs)
US Bank Business
Truist Personal

Main goal was business funding, but most lenders weren't messing with my 1-year-old LLC. Even with about $5k sitting in each business checking account, business underwriting has definitely tightened up. Thinking about changing my LLC from consulting to another NAICS before trying again in a year or two.

The personal 0% cards should hold me over for now.

Total new revolving credit: ~$140,500

Data Points

Age: 20
Personal income: $95k stated
Used edited paystubs for some applications because lenders weren't accepting my OnPay owner-draw payroll
FICO: ~775–800 (highest EQ around 800)
Oldest account: ~2 years 5 months
AAoA: ~1 year 10–11 months
Utilization: 3%
No late payments
No bankruptcies/collections
Hard inquiries before spree: 0 EX, ~3 EQ, minimal TU
Existing revolving credit before spree: ~$40k–45k
Business: 1-year-old LLC