Solutions for Credit Challenged Applicants for Unsecured Financing.

There are three main obstacles to qualifying for unsecured financing;

1) High personal revolving debt balances.

Revolving debt is usually in the form of personal credit cards and personal lines of credit (like home equity lines of credit). Being maxed out on revolving personal debt is an instant disqualifier when applying for unsecured financing. Reducing revolving personal debt to acceptable levels can often raise a FICO score by as much as 50 points or more thereby instantly qualifying an applicant.

Fortunately, we at MegaLoanFunding.com want to see you succeed and so we have a program for eliminating high revolving debt balances.

See full details about our plan to eliminate high revolving debt balances.

In order to recommend the right plan for you, we need you to take a few minutes to complete and submit your personal and business financial profile. Please note, NO SOCIAL SECURITY NUMBER OR BANK ACCOUNT NUMBER IS REQUIRED for this part of our service and YOU WILL NOT BE OBLIGATING YOURSELF IN ANY WAY.

2) A high debt to income ratio.

Lenders need to see that an applicant will have sufficient funds available to be able to make the payments for new financing. They determine this by using a debt to income ratio, the acceptance of which is different for each lender. When you submit your personal and business financial profile, we will calculate your debt to income ratio and if too high, we have a program to help you to meet meet this very important requirement for a successful unsecured business line of credit application. 

3) A poor personal credit rating

.A good personal credit rating is the number one requirement for obtaining unsecured financing of any sort.  Sadly, the information in our personal credit reports is often inaccurate. Surveys have revealed that nearly 80% of all consumer credit reports contain serious errors or mistakes of some kind. This prevents many business owners from being able to qualify for unsecured business financing. Because personal credit reports are so important to lenders, it is important that the information is therefore as accurate and up-to-date as possible.

The magic FICO score to be approved for the maximum amount of unsecured financing is 700 with no credit report derogatory items what so ever. If this does not sound like your credit profile, don’t be discouraged. With a multitude of credit laws in the Fair Credit Reporting Act on your side, it is much easier to make this a reality than you think. 

We are affiliated to a Credit Restoration Service that helps business owners to restore their good personal credit rating and achieve their business lending goals. Our proven process is highly effective in producing results that enable our customers to successfully apply and qualify for unsecured business lines credit. Here are some of the features our service offers.

• Individualized dispute letters, each one personally signed and mailed by you. This means that you know exactly what is going on and that the letters are really going out.
• The responses are mailed back from the credit reporting agency to you and you forward them to the restoration service. Once again, this ensures that you know exactly what is going on at all times.
• 24/7 online access to view the status of all of your negative accounts.  This means that you and we always know the status of your file.
• Customer Service Call Center open weekdays from 9:00 AM-5:00PM, EST.
• A one time-fee for five full challenge cycles. This means that the service works for you for a whole year which gives you plenty of time to secure the largest amount of business lines of credit possible. See the full details about how our credit restoration program works and enroll on-line. 

You are free to restore or improve your credit on your own or by using another service. However THE BIG ADVANTAGE OF USING OUR SERVICE IS THAT WE HAVE A VESTED INTEREST IN THE SUCCESSFUL RESTORATION OR IMPROVEMENT OF YOUR CREDIT PROFILE. When using our affiliated service, we are able to monitor the progress of your credit restoration on-line and if it is not moving along satisfactorily, then we are able to intervene and communicate directly with the restoration staff on your behalf.

An important consideration is also that the company providing the service offers a money back guarantee and is a member of the Better Business Bureau with a ZERO COMPLAINT RECORD which is unheard of in this type of business.  See the full details about how our credit restoration program works and enroll on-line.