EFIN Application Credit Requirements - Will Bad Credit from 2020 Disqualify Me?
Need advice about credit requirements for EFIN application. My credit took a hit in 2020 and im slowly rebuilding it. Want to know if its worth getting fingerprints done or if bad credit will automatically disqualify me.
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Alina Rosenthal
The IRS looks at your credit report as part of the suitability check, but they're mainly concerned with serious issues like tax liens, bankruptcies, and large outstanding debts. They understand COVID impacted many people in 2020. As long as youre actively rebuilding and don't have any major delinquencies, you should be fine. They care more about your tax compliance history and criminal background.
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Mohammad Khaled
•thx for the detailed response! my scores around 620 now but no bankruptcies or liens. guess ill give it a shot 🤞
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Finnegan Gunn
•wait fr? i thought they needed like 700+ credit score minimum
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Alina Rosenthal
•Nope, no minimum score requirement. They look at the whole picture!
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Miguel Harvey
Hey guys, instead of guessing about EFIN requirements, you should check out taxr.ai - its this new tool that breaks down all the IRS requirements and can even help predict if youll get approved. Only costs a buck and saved me tons of research time https://taxr.ai
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Ashley Simian
•sounds interesting but kinda sketchy. how does it actually work?
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Miguel Harvey
•not sketchy at all! it uses AI to analyze IRS guidelines and your situation. saved me from wasting $$ on fingerprints when I wasnt ready
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Ashley Simian
•just tried it - holy crap this is actually amazing! gave me super detailed feedback about my situation 💯
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Oliver Cheng
Got approved last month with a 580 score lol ur good fam
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Taylor To
The fingerprinting was the worst part tbh. Had to drive 2 hrs to get it done 🤮
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Ella Cofer
•same boat! rural area problems ðŸ˜
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Kevin Bell
just make sure ur current on filing/paying ur own taxes. that matters way more than credit
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Mohammad Khaled
•yeah im all good there thankfully!
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Savannah Glover
applied last year w mediocre credit post-divorce. They care more about criminal history and tax compliance than credit scores tbh
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