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Using EIN for payment processor

Using EIN for payment processor

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Old 02-09-2014
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Default Using EIN for payment processor
I have bad credit, Can I get around this with a payment processor if I use an EIN number instead? or is SSN required?
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Old 02-15-2014
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Default Re: Using EIN for payment processor
I believe its required. They plan to secure their risks by obtaining an ssn of the owner of the EIN. This is what i read somewhere. I haven't personally applied for one yet.
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Old 02-15-2014
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Default Re: Using EIN for payment processor
it can be pretty low and still accept visa mastercard amex and discover are a different story.
Credit repair can work wonders within a few months.
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Old 02-16-2014
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Default Re: Using EIN for payment processor
Credit is still looked at by processors.

EIN is a band aid.

Most will look at the account name, viz you.

Get a copy of your credit report. Check the issues and see what can be done to improve your score.

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