Christie Matherne, Credit Card Writer
@christie_matherne
The Sunoco Gas Card normally uses Experian for approval, though WEX Bank may use reports from TransUnion or Equifax, according to anecdotal evidence. Keep in mind that WEX Bank may also pull your business credit reports from Dun & Bradstreet.
Key Things to Know
- Before you apply for the Sunoco Gas Card, check your personal credit score. WEX Bank pulls consumer credit bureau reports because the Sunoco Gas Card requires a personal guarantee, meaning that any debts the business cannot pay, you are personally liable for.
- The Sunoco Gas Card requires fair credit or better.
- When you apply, WEX Bank will perform a hard inquiry on your credit report, which might temporarily damage your credit score by a few points.
- If you’re approved, WEX Bank will report your account usage information to business credit bureaus, including Experian, Dun & Bradstreet and Equifax.
- Your major consumer credit reports contain nearly identical information, so if one includes negative information, the other two probably will as well. It’s a good idea to check for any mistakes on your credit reports so you can dispute them right away.
If you want to review your TransUnion credit report or check your credit score for free, you can do it right here on WalletHub.
People also ask
Does Sunoco Gas Card do a hard pull?
Yes, the Sunoco Gas Card will do a hard pull. You will need a credit score of at least 640 to get it, which is on par with what most gas cards require.
There is no way to pre-qualify for the Sunoco Gas Card. A hard pull usually causes an applicant's credit score to drop by 5-10 points. Most people’s scores bounce back within 3-6 months with responsible credit management, but it can take...
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