I am helping a client get a $525,000 hard money construction loan in another state. He has great credit and great bank statements but being self-employed makes construction lending very difficult. If you want to borrow money you have to pay taxes. The short version is if you are going to borrow money on things you can expense out make sure it reports on your business credit, not your personal credit. If your lender looks at you like you are stupid when you request that, tell him or her to call you when they graduate from Sassy Pants School of Banking. It’s my client’s fault for not knowing, but his banker should have said something. My client has been in business for 30 years. Until now he has only needed to borrow less than $200,000. Now he has to pay hard money rates and fees and get a bank statement loan. Both of those are way more expensive than they could have been. Good habits, better information and the right person helping you can do wonders for your score. What you don’t know is costing you a fortune. I have 14 years worth of stories to share from over 30,000 hours spent solving credit problems. I get results.