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Updated over 7 years ago on . Most recent reply

Account Closed
  • Roxboro, NC
2
Votes |
33
Posts

What is a credit partner

Account Closed
  • Roxboro, NC
Posted

What exactly is a credit partner, what do they do, and what are the benefits to being one?

Most Popular Reply

User Stats

34
Posts
14
Votes
Daniel Fischer
  • Real Estate Agent
  • St. Petersburg, FL
14
Votes |
34
Posts
Daniel Fischer
  • Real Estate Agent
  • St. Petersburg, FL
Replied

A credit partner is someone that usually has a line of credit with a bank/lender that has been in business for more than 2 years and a credit score around 800+. 

While this partner can be similar to a private money lender, they are usually more involved in the actual business and are compensated more than just a lender. 

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