Share your insights or perspective on the financial matter presented in the input.

Does setting up a company for your own improves credibility?
The key here is that you are defacto running your own company no matter if you acknowledge it or not.  In the end these questions have the goal of deciding if you can and will repay the loan.  Presumably you filed taxes on your income.  These can be shown to the loan officer as proof you have the ability to repay your loan. Running your freelancing as a business has advantages of being able to deduct normal expenses for running the business from your revenue. I am not sure how business cards improves your credit worthiness as they can be had for $10 in about an hour.