Summary
Improve your credit card approvals with these tricks!
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📚 Deep Dive 📚
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 ✅
-Add 3 new cards = 3-year average 📉
-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!