I am self employed and despite being able to get personal cards now, I have been unable to obtain a business card. A couple of weeks ago I got a preapproval from Cap One for a small business card. Against my better judgement I sent it in. Today I found out that those rats put an inquiry on all 3 credit bureaus. I expected one, but three, thats ridiculous. Anyway Ill probably get declined.
And.....you didn't know that they would possible do this? Let's face it, Cap 1 deals often with higher risk people and if that is the same for businesses..well, there ya go. Bummer and it sucks but worse case scenario you now get free reports from all three CRAs AnnMarie