I currently own a business that has no credit (started in January), and I am only 19 with only two credit cards and a student loan on my credit report. I have no negative comments on my credit report.
Right now, I have Verizon as part of a plan with my family. Since my father is a partner in my business, we would both like to switch over to ATT and get a business contract. I would get the iPhone and he would get something else.
My questions are:
1) What is ATT's credit check process for a business. Since the business doesn't have credit, would they have me, the owner, back my business and perform a credit check on me instead?
2) If the above answer is yes, could I have someone else back the business and cosign for me because of my limited credit history.
3) If I have our phone numbers transferred from the family plan to the business plan, is there a period where I will not be able to use my phone while I wait for it to transfer. I really need a phone at all times and would not be able to handle a few days without a phone.
Right now, I have Verizon as part of a plan with my family. Since my father is a partner in my business, we would both like to switch over to ATT and get a business contract. I would get the iPhone and he would get something else.
My questions are:
1) What is ATT's credit check process for a business. Since the business doesn't have credit, would they have me, the owner, back my business and perform a credit check on me instead?
2) If the above answer is yes, could I have someone else back the business and cosign for me because of my limited credit history.
3) If I have our phone numbers transferred from the family plan to the business plan, is there a period where I will not be able to use my phone while I wait for it to transfer. I really need a phone at all times and would not be able to handle a few days without a phone.