Tuesday, May 18, 2010

Let's Talk About Bad Credit When Applying For A Merchant Account

May 18, 2010 published by Nikki with WMS

Let’s Talk About Bad Credit When Applying For Your Merchant Account
Are you able to obtain a merchant account if you have bad credit? Well, let’s talk about it…
Bad credit is a definite barrier to overcome when applying for a merchant account. But, there are ways around this obstacle to make it possible… calling someone with experience and know-how like Mad Rich at thehighriskprocessor.com can make all the difference even if you have been turned down.
A merchant account is an absolute necessity when being competitive in the market. I know when I buy anything these days it is via credit and debit card. Due to high risk of identity theft consumers have opted not to shop with cash or check any longer, which means that if you do not have a payment gateway or virtual terminal to process credit cards and debit cards you are losing substantial revenues accounting for over 80% of return.
Approval within 24 hours… is starting now!
Go to www.worldwidemerchantconnect.com
Have other banks turned you down? There are a few things that your merchant processor, High Risk Mad Rich can do for you with bad credit when your application has been denied. Other options may be having your close relative with good credit or business partner as a co-signer for your LLC, which may be considered in some cases or providing a reserve can lessen the risk.
Mad Rich has close to 40 banking relationships worldwide and understands what their qualification process is and will push your application through to get your business up and running!

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