Credit Age: The Hidden Factor Killing Your Business Funding Chances! πŸ’°

Kevin Garcia | Mar 31, 2025 |

Credit Age: The Hidden Factor Killing Your Business Funding Chances! πŸ’°

Summary

Improve your credit card approvals with these tricks!

Market Recap

  • βœ… S&P500 ( SPY ) : +1.13%
  • ❌ Vix ( VIX ): -3.5%

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πŸ“š Deep Dive πŸ“š

Think you need more credit cards? THINK AGAIN!

Your average credit age could be sabotaging your business funding opportunities! 🚨

The Credit Age Trap: -With 3 cards (8, 6, and 4 years old) = 6-year average βœ… -Add 3 new cards = 3-year average πŸ“‰ -You just HALVED your credit worthiness to lenders!

What Banks Want:

Under 2 years: Too risky for serious funding 2-4 years: Moderate approvals with limits 4+ years: Prime territory for major funding

Quick Fixes:

-Stop opening unnecessary new cards -Purchase aged authorized user tradelines (10+ years) -NEVER close your oldest accounts -Space out new applications

Remember: Banks check your PERSONAL credit before approving $50K-$100K in business funding. Protect your credit age to unlock those high-limit opportunities!

Best Regards,

Kevin Garcia