Get funding at The J3 AcademyĀ
Are you ready to secure funding and elevate your financial future? At The J3 Academy, we provide the tools and guidance you need to prepare for business or personal funding.
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To maximize your chances of approval, we recommend ensuring the following criteria are met:
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Credit Score Requirements:
700+ FICO Score on all 3 major credit bureaus (Experian, TransUnion, and Equifax). Use Experian.com to determine your scores and monitor your credit health.
Credit Profile Guidelines:
No derogatory accounts: Your credit report should be free of any negative marks such as late payments, collections, or charge-offs.100% payment history: Consistent, on-time payments are crucial for maintaining a healthy credit profile.
Primary Accounts:
At least 2 primary accounts with a minimum of 2 years of positive history. This shows lenders that you have managed credit responsibly over time.
Age of Credit:
Minimum 3-year average age of accounts: Your accounts should show a stable and responsible use of credit over the years.
Credit Card Utilization:
Less than 30% utilization on each credit card: Keep your balances low relative to your credit limits to demonstrate responsible credit management.
Hard Inquiries:
Less than 2 hard inquiries per credit report: Limit hard credit checks to reduce the appearance of seeking excessive credit.
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