Great Funding Workshop
June 3, 2019
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NOOO !

We recently advised a client with a credit score in the low 600s that whatever they do, don’t apply for any more credit until after their SBA Community Advantage loan closes.

Little did they know that later, when their dentist agreed to set them up on a pymt plan, he was giving them a formal loan that appeared on their credit report. This additional debt brought down the credit score below 600 and killed the loan.