52 replies to this topic

[Brndnh721]

You know what works from reading the forum and it's been the same stuff for years nothing has really changed that much besides losing a lot of good accounts.

Yes and a lot of members on here hold back until the time is right to share with people. If you tell every little detail then you start to see the scammers coming back into play and that's not good for all the legit businesses out there. And you mention the personal side of credit well back in the day it was super easy to get credit cards and accounts opened under a business and starting a business is super easy and you can pretty much use any name and info you want. Between that and the all the businesses closing down the lenders took huge losses. Like I said its still pretty straight forward with all the basic accounts, we will never fully understand approvals or denials because you may never know the true reason for denial. People just need to start off with the basic accounts and if they get denied keep trying till they get approved and move up the ladder from there and it's that simple. If your serious about building business credit then you need to invest some money.

I may not have first hand experience on certain issues but most of my answers come from experience and from others experiences.

Edited by Brndnh721, 01 June 2012 - 10:32 PM.

[alplouis]

I like the back and forth between @stroked89couped and @brndnh721. You guys keep at it. I'm pretty sure others are learning. That's what the forum is for.

[Brndnh721]

I'm not usually into pissing matches on forums but when you say I don't help and I just make comments that pisses me off. I have helped plenty on here and most of my comments are on things that have been repeated a 100 times and are easily found on the forum or if your just using a business for credit purposes and nothing else that pisses me off to since you are taking and using credit that a real business needs. It's a public forum and you can't tell every little secret out in the open people watch, companies watch. I have no problem sending a message to people with info that helps them as I have done many times in the past. If you seldom come on here or are new you won't get the real good stuff till you earn your wings.

[RepoMan31]

Just to add a little insight to all of this::: I think that most people on here do hold back on info for one reason or another but with that said if you really need help on a particular situation or company it seems that everyone that has info on the subject will step up and do whatever they can to help you in the best way they can. So, with this being said Let's stop pissing and do more on growing our business credit, personal credit or whatever your goals are. To all that have helped me and to all that are still going to help me THANKS, THANKS, THANKS, THANKS.

[Brndnh721]

Just to add a little insight to all of this::: I think that most people on here do hold back on info for one reason or another but with that said if you really need help on a particular situation or company it seems that everyone that has info on the subject will step up and do whatever they can to help you in the best way they can. So, with this being said Let's stop pissing and do more on growing our business credit, personal credit or whatever your goals are. To all that have helped me and to all that are still going to help me THANKS, THANKS, THANKS, THANKS.

Agree, and you if you notice newbies and people who don't post often don't get that many responses from the regulars on here.

[disnugaswagg]

I am extremely happy that this conversation has happened. Personally, I feel this section of CB is not dedicated to proving if you have a legit company or not. Even if it was, how could you possibly block or detect fraudsters on a blog community? Why would you invest your time and energy in calling someone out if so? Most importantly, if they were fraudster then guess what: THEY WILL EVENTUALLY GET CAUGHT! As, I have stated previously, the site is geared toward helping one another grow. I have a start-up company and I want to build a solid credit foundation as I grow. Thus far, my success has been from the help of those on both the personal and business sides. So, I am always eager to give back to this site when needed from my personal experience.

[alplouis]

I am extremely happy that this conversation has happened. Personally, I feel this section of CB is not dedicated to proving if you have a legit company or not. Even if it was, how could you possibly block or detect fraudsters on a blog community? Why would you invest your time and energy in calling someone out if so? Most importantly, if they were fraudster then guess what: THEY WILL EVENTUALLY GET CAUGHT! As, I have stated previously, the site is geared toward helping one another grow. I have a start-up company and I want to build a solid credit foundation as I grow. Thus far, my success has been from the help of those on both the personal and business sides. So, I am always eager to give back to this site when needed from my personal experience.

I couldn't have said it better.

[RepoMan31]

Well Then we have that all worked out:::::: NO MORE PISSING''''''''''' HA' HA' HA. I still have some issues with my personal credit that I need some help with. I have had 11 items removed from all 3 CRA's and my score has changed up and down but it's still at the same level as it was when I started my journey back in February. I know that I need to get some secured cards to help improve my score but when I do the forecast simulator on USAA Credit Monitoring program it shows that if I remove just 5 things from my report that my score would go to 704. It doesn't say which 5 but where do i go from here. Is there someone out there that would be willing to look at my report and advise me on what I need to do? Thanks

[Brndnh721]

I am extremely happy that this conversation has happened. Personally, I feel this section of CB is not dedicated to proving if you have a legit company or not. Even if it was, how could you possibly block or detect fraudsters on a blog community? Why would you invest your time and energy in calling someone out if so? Most importantly, if they were fraudster then guess what: THEY WILL EVENTUALLY GET CAUGHT! As, I have stated previously, the site is geared toward helping one another grow. I have a start-up company and I want to build a solid credit foundation as I grow. Thus far, my success has been from the help of those on both the personal and business sides. So, I am always eager to give back to this site when needed from my personal experience.

Point is not to go on a rant on every little thing you know about business credit. Ask specific questions and get a specific answer.. And spend some time on the forum and search for the answers you need especially if your new. And yes you won't know 100% who is looking to screw the system but certain questions give them selves away.
Also as I said in another post creditors see the post on here so you don't want to let them see all the little advantages we have in getting approved for credit lines with their companies. This really goes for the smaller companies since they are more likely to see a pattern. We dont need 100 people calling these companies and asking do you report? Who do you report to? And how often. Companies dont want to be used for reporting trades unless it makes them money. If you only place one order for let's say $50 and thats all you ever buy, that company is probably at a lose at that point for the work put in to approve and set up a account that you will never use again. And even if they don't report the accounts are still good for trade references which come in handy often especially for local accounts you need set up. You would be surprised how many local small businesses are willing to set up some sort of charge account for your business. These would be places you go to frequently and know the managers and or owners. Places like auto repair shops,restaurants,stores and so on.

And for the newbies don't come on here and ask 20 different questions in one post especially since almost all of your answers can be found easily on the forum. Search first and ask a couple questions at a time.

Edited by Brndnh721, 03 June 2012 - 11:10 AM.

[Brndnh721]

I have had a legit business for almost two years now non-legit for about two and a half years. I have been approved for accounts many times when the min qualifications were 2 years in business even though that was not the case and reflected correct info on my application.


When you send in an application, There going to run it with whatever you put down. even if you don't meet qualifications (At least they always have for me) but when your on the phone I think it would be a different story.



How do you think dnb tracks this kind of stuff when a company has no financials on file with them.

They track it when they receive info from companies pulling your credit just like in your personal files.

The only way cra's (To my knowledge) get info from creditors is when they report your trade lines. Otherwise when an inquiry occurs the creditor is getting info from the CRA. at least I thought that is how it worked? So your saying when a creditor pulls a request from dnb for your company then the creditor basicly gives dnb a copy of your credit application and dnb records it and tracks things like income? Wow.....

Do you think they just take your word for it?

They have so far. Either that or they just don't care that we don't meet the minum qualifications (yrs in bus/income). How often are people verified income wise by consumer credit (Credit cards)? I nor anyone I personally know has. Don't get me wrong I know it happens. But usually these creditors do take your word for income. In my experience with personal and business.

They don't need you to submitt any paper work to get info and investigate your business.. I have no problem with any of the credit reporting agencies tracking info and investigating businesses.
If you don't have a real business or you don't bring in any money then you shouldn't be approved for any credit, it hurts all the real businesses that really need the credit.

I'm not trying to pick apart your post. Just trying to learn something I have never heard of before.

Yes they share info with each other all the time.. They can figure roughly what a company like yours takes in by industry and employee count, so if your saying you bring in $5 mill and your doing consulting work by yourself that is a little hard to believe right?.. But yes for the most they will take your word for it when your dealing with small lines of credit and again if basic info just doesn't make sense you will get declined.

As I have said over and over again their is no exact way to figure out who will get approved for what, based on certain things. You can come up with rough idea but small differences between every company can make a big difference in weather or not you will get approved.

I have held back from saying what I wanted to say to you for a long time. You have done nothing that has personally helped me. But you seem to post in almost every single thread I make. Your putting out a lot of wordage that seems to do me or no one else any good. And the conclusions that you come up with are within reason, But it's clear that you have experienced nothing of which you speak of.



You can move right along too....

Okay buddy! You you the new resident expert? Almost, But to put it more accurately I just know what works when obtaining business credit and personally like to pass that information on to others. You must know everything about business credit.(I know enough)and running a legit business(I have to say I am a legit business and do follow local and state laws regarding business owenership)! Don't get pissy because I mentioned fudging the facts and this is what your doing. (I'm not, Just getting pissy about how you continue to comment about things you have not experienced personally and rather just ''assume'' thats how things work) Im sure your landscapimg business doesnt bring in over $5mill a year! (What business does in their second year? Very few. We are a design build and install team dealing with anything from hardscaping to landscape lighting, were not the person you see walking down the steet pushing a lawnmower to the customers house. If you must know all of our sales are up by a minum of 118% compared to last year, were doing excellent to put it mildly)What a lot of you guys are missing is the fact that underwriters from these companies we all talk about know of this site and are aware of what goes on. In fact I wouldn't be surprised if they have changed the way they do things because of this board (I agree, Just like prospective employers checking out your facebook before they hire you). Not because they don't what to lend to legit businesses but they want to keep the people looking to commit fraud away (I highly doubt they scoure sites like these for fraud purposes only). Like I said in a previous post I know a lot more then I post some times to keep the scammers from learning every little trick (of course, If everyone was like you credit boardes would not exist due to no one wanting to share information. do you think cb posters in the credit forum telling people how to effectivly remove collection from their report does not inspire people who commit fraud for a living to gain knowledge? Of coarse it does but were not worried about those people. here at cb were looking to help our members and grow the cb community). I give the info here and there when I think the person really needs it. If you haven't noticed a lot of the experienced people on here don't ever post any more and that is due to the attitudes of people on here and the fact that so many think they know everything and no one can tell them different (personally I think it's because when you get to the max in establishing business credit that you loose intrest in trying to learn more, Because to a point your at the end of the road business credit building wise.). Not much has changed with the basic accounts you guys always talk about so it's nothing new to really talk about. I agree, Quill gemplers uline yeah. But what it's always good to see is what works for others regarding other accounts/cli's/recon's ect. And thats what cb revolves around. Gaining from others EXPERIENCE.)

Can't be doing that good!

[stroked89coupe]

So Anyway......

[stroked89coupe]

I have had a legit business for almost two years now non-legit for about two and a half years. I have been approved for accounts many times when the min qualifications were 2 years in business even though that was not the case and reflected correct info on my application.


When you send in an application, There going to run it with whatever you put down. even if you don't meet qualifications (At least they always have for me) but when your on the phone I think it would be a different story.



How do you think dnb tracks this kind of stuff when a company has no financials on file with them.

They track it when they receive info from companies pulling your credit just like in your personal files.

The only way cra's (To my knowledge) get info from creditors is when they report your trade lines. Otherwise when an inquiry occurs the creditor is getting info from the CRA. at least I thought that is how it worked? So your saying when a creditor pulls a request from dnb for your company then the creditor basicly gives dnb a copy of your credit application and dnb records it and tracks things like income? Wow.....

Do you think they just take your word for it?

They have so far. Either that or they just don't care that we don't meet the minum qualifications (yrs in bus/income). How often are people verified income wise by consumer credit (Credit cards)? I nor anyone I personally know has. Don't get me wrong I know it happens. But usually these creditors do take your word for income. In my experience with personal and business.

They don't need you to submitt any paper work to get info and investigate your business.. I have no problem with any of the credit reporting agencies tracking info and investigating businesses.
If you don't have a real business or you don't bring in any money then you shouldn't be approved for any credit, it hurts all the real businesses that really need the credit.

I'm not trying to pick apart your post. Just trying to learn something I have never heard of before.

Yes they share info with each other all the time.. They can figure roughly what a company like yours takes in by industry and employee count, so if your saying you bring in $5 mill and your doing consulting work by yourself that is a little hard to believe right?.. But yes for the most they will take your word for it when your dealing with small lines of credit and again if basic info just doesn't make sense you will get declined.

As I have said over and over again their is no exact way to figure out who will get approved for what, based on certain things. You can come up with rough idea but small differences between every company can make a big difference in weather or not you will get approved.

I have held back from saying what I wanted to say to you for a long time. You have done nothing that has personally helped me. But you seem to post in almost every single thread I make. Your putting out a lot of wordage that seems to do me or no one else any good. And the conclusions that you come up with are within reason, But it's clear that you have experienced nothing of which you speak of.



You can move right along too....

Okay buddy! You you the new resident expert? Almost, But to put it more accurately I just know what works when obtaining business credit and personally like to pass that information on to others. You must know everything about business credit.(I know enough)and running a legit business(I have to say I am a legit business and do follow local and state laws regarding business owenership)! Don't get pissy because I mentioned fudging the facts and this is what your doing. (I'm not, Just getting pissy about how you continue to comment about things you have not experienced personally and rather just ''assume'' thats how things work) Im sure your landscapimg business doesnt bring in over $5mill a year! (What business does in their second year? Very few. We are a design build and install team dealing with anything from hardscaping to landscape lighting, were not the person you see walking down the steet pushing a lawnmower to the customers house. If you must know all of our sales are up by a minum of 118% compared to last year, were doing excellent to put it mildly)What a lot of you guys are missing is the fact that underwriters from these companies we all talk about know of this site and are aware of what goes on. In fact I wouldn't be surprised if they have changed the way they do things because of this board (I agree, Just like prospective employers checking out your facebook before they hire you). Not because they don't what to lend to legit businesses but they want to keep the people looking to commit fraud away (I highly doubt they scoure sites like these for fraud purposes only). Like I said in a previous post I know a lot more then I post some times to keep the scammers from learning every little trick (of course, If everyone was like you credit boardes would not exist due to no one wanting to share information. do you think cb posters in the credit forum telling people how to effectivly remove collection from their report does not inspire people who commit fraud for a living to gain knowledge? Of coarse it does but were not worried about those people. here at cb were looking to help our members and grow the cb community). I give the info here and there when I think the person really needs it. If you haven't noticed a lot of the experienced people on here don't ever post any more and that is due to the attitudes of people on here and the fact that so many think they know everything and no one can tell them different (personally I think it's because when you get to the max in establishing business credit that you loose intrest in trying to learn more, Because to a point your at the end of the road business credit building wise.). Not much has changed with the basic accounts you guys always talk about so it's nothing new to really talk about. I agree, Quill gemplers uline yeah. But what it's always good to see is what works for others regarding other accounts/cli's/recon's ect. And thats what cb revolves around. Gaining from others EXPERIENCE.)

Can't be doing that good!

Don't worry. I would not ever share my profit and loss sheets with you (I knew you would stoop that low to say something to that affect) But I will say this. Be an asset to the forums or be gone.

Edited by stroked89coupe, 03 June 2012 - 05:30 PM.

[Brndnh721]

I have had a legit business for almost two years now non-legit for about two and a half years. I have been approved for accounts many times when the min qualifications were 2 years in business even though that was not the case and reflected correct info on my application.


When you send in an application, There going to run it with whatever you put down. even if you don't meet qualifications (At least they always have for me) but when your on the phone I think it would be a different story.



How do you think dnb tracks this kind of stuff when a company has no financials on file with them.

They track it when they receive info from companies pulling your credit just like in your personal files.

The only way cra's (To my knowledge) get info from creditors is when they report your trade lines. Otherwise when an inquiry occurs the creditor is getting info from the CRA. at least I thought that is how it worked? So your saying when a creditor pulls a request from dnb for your company then the creditor basicly gives dnb a copy of your credit application and dnb records it and tracks things like income? Wow.....

Do you think they just take your word for it?

They have so far. Either that or they just don't care that we don't meet the minum qualifications (yrs in bus/income). How often are people verified income wise by consumer credit (Credit cards)? I nor anyone I personally know has. Don't get me wrong I know it happens. But usually these creditors do take your word for income. In my experience with personal and business.

They don't need you to submitt any paper work to get info and investigate your business.. I have no problem with any of the credit reporting agencies tracking info and investigating businesses.
If you don't have a real business or you don't bring in any money then you shouldn't be approved for any credit, it hurts all the real businesses that really need the credit.

I'm not trying to pick apart your post. Just trying to learn something I have never heard of before.

Yes they share info with each other all the time.. They can figure roughly what a company like yours takes in by industry and employee count, so if your saying you bring in $5 mill and your doing consulting work by yourself that is a little hard to believe right?.. But yes for the most they will take your word for it when your dealing with small lines of credit and again if basic info just doesn't make sense you will get declined.

As I have said over and over again their is no exact way to figure out who will get approved for what, based on certain things. You can come up with rough idea but small differences between every company can make a big difference in weather or not you will get approved.

I have held back from saying what I wanted to say to you for a long time. You have done nothing that has personally helped me. But you seem to post in almost every single thread I make. Your putting out a lot of wordage that seems to do me or no one else any good. And the conclusions that you come up with are within reason, But it's clear that you have experienced nothing of which you speak of.



You can move right along too....

Okay buddy! You you the new resident expert? Almost, But to put it more accurately I just know what works when obtaining business credit and personally like to pass that information on to others. You must know everything about business credit.(I know enough)and running a legit business(I have to say I am a legit business and do follow local and state laws regarding business owenership)! Don't get pissy because I mentioned fudging the facts and this is what your doing. (I'm not, Just getting pissy about how you continue to comment about things you have not experienced personally and rather just ''assume'' thats how things work) Im sure your landscapimg business doesnt bring in over $5mill a year! (What business does in their second year? Very few. We are a design build and install team dealing with anything from hardscaping to landscape lighting, were not the person you see walking down the steet pushing a lawnmower to the customers house. If you must know all of our sales are up by a minum of 118% compared to last year, were doing excellent to put it mildly)What a lot of you guys are missing is the fact that underwriters from these companies we all talk about know of this site and are aware of what goes on. In fact I wouldn't be surprised if they have changed the way they do things because of this board (I agree, Just like prospective employers checking out your facebook before they hire you). Not because they don't what to lend to legit businesses but they want to keep the people looking to commit fraud away (I highly doubt they scoure sites like these for fraud purposes only). Like I said in a previous post I know a lot more then I post some times to keep the scammers from learning every little trick (of course, If everyone was like you credit boardes would not exist due to no one wanting to share information. do you think cb posters in the credit forum telling people how to effectivly remove collection from their report does not inspire people who commit fraud for a living to gain knowledge? Of coarse it does but were not worried about those people. here at cb were looking to help our members and grow the cb community). I give the info here and there when I think the person really needs it. If you haven't noticed a lot of the experienced people on here don't ever post any more and that is due to the attitudes of people on here and the fact that so many think they know everything and no one can tell them different (personally I think it's because when you get to the max in establishing business credit that you loose intrest in trying to learn more, Because to a point your at the end of the road business credit building wise.). Not much has changed with the basic accounts you guys always talk about so it's nothing new to really talk about. I agree, Quill gemplers uline yeah. But what it's always good to see is what works for others regarding other accounts/cli's/recon's ect. And thats what cb revolves around. Gaining from others EXPERIENCE.)

Can't be doing that good!

Don't worry. I would not ever share my profit and loss sheets with you (I knew you would stoop that low to say something to that affect) But I will say this. Be an asset to the forums or be gone.

I love it your the creditboards man! Be a asset or be gone awesome!! You are the new credit guru here!! I bow down.. Like I said can't be that good, I won't say it out loud here but I saw your post in the other forum here.. I bow down you the man and and know everything!

[alplouis]

I'm not sure what you 2 are going to accomplish with all this chatter. The both of you have been great contributors to the forum. Lately, there haven't been much positive contribution for either of you. Let's keep it moving fellas.

[stroked89coupe]

I have had a legit business for almost two years now non-legit for about two and a half years. I have been approved for accounts many times when the min qualifications were 2 years in business even though that was not the case and reflected correct info on my application.


When you send in an application, There going to run it with whatever you put down. even if you don't meet qualifications (At least they always have for me) but when your on the phone I think it would be a different story.



How do you think dnb tracks this kind of stuff when a company has no financials on file with them.

They track it when they receive info from companies pulling your credit just like in your personal files.

The only way cra's (To my knowledge) get info from creditors is when they report your trade lines. Otherwise when an inquiry occurs the creditor is getting info from the CRA. at least I thought that is how it worked? So your saying when a creditor pulls a request from dnb for your company then the creditor basicly gives dnb a copy of your credit application and dnb records it and tracks things like income? Wow.....

Do you think they just take your word for it?

They have so far. Either that or they just don't care that we don't meet the minum qualifications (yrs in bus/income). How often are people verified income wise by consumer credit (Credit cards)? I nor anyone I personally know has. Don't get me wrong I know it happens. But usually these creditors do take your word for income. In my experience with personal and business.

They don't need you to submitt any paper work to get info and investigate your business.. I have no problem with any of the credit reporting agencies tracking info and investigating businesses.
If you don't have a real business or you don't bring in any money then you shouldn't be approved for any credit, it hurts all the real businesses that really need the credit.

I'm not trying to pick apart your post. Just trying to learn something I have never heard of before.

Yes they share info with each other all the time.. They can figure roughly what a company like yours takes in by industry and employee count, so if your saying you bring in $5 mill and your doing consulting work by yourself that is a little hard to believe right?.. But yes for the most they will take your word for it when your dealing with small lines of credit and again if basic info just doesn't make sense you will get declined.

As I have said over and over again their is no exact way to figure out who will get approved for what, based on certain things. You can come up with rough idea but small differences between every company can make a big difference in weather or not you will get approved.

I have held back from saying what I wanted to say to you for a long time. You have done nothing that has personally helped me. But you seem to post in almost every single thread I make. Your putting out a lot of wordage that seems to do me or no one else any good. And the conclusions that you come up with are within reason, But it's clear that you have experienced nothing of which you speak of.



You can move right along too....

Okay buddy! You you the new resident expert? Almost, But to put it more accurately I just know what works when obtaining business credit and personally like to pass that information on to others. You must know everything about business credit.(I know enough)and running a legit business(I have to say I am a legit business and do follow local and state laws regarding business owenership)! Don't get pissy because I mentioned fudging the facts and this is what your doing. (I'm not, Just getting pissy about how you continue to comment about things you have not experienced personally and rather just ''assume'' thats how things work) Im sure your landscapimg business doesnt bring in over $5mill a year! (What business does in their second year? Very few. We are a design build and install team dealing with anything from hardscaping to landscape lighting, were not the person you see walking down the steet pushing a lawnmower to the customers house. If you must know all of our sales are up by a minum of 118% compared to last year, were doing excellent to put it mildly)What a lot of you guys are missing is the fact that underwriters from these companies we all talk about know of this site and are aware of what goes on. In fact I wouldn't be surprised if they have changed the way they do things because of this board (I agree, Just like prospective employers checking out your facebook before they hire you). Not because they don't what to lend to legit businesses but they want to keep the people looking to commit fraud away (I highly doubt they scoure sites like these for fraud purposes only). Like I said in a previous post I know a lot more then I post some times to keep the scammers from learning every little trick (of course, If everyone was like you credit boardes would not exist due to no one wanting to share information. do you think cb posters in the credit forum telling people how to effectivly remove collection from their report does not inspire people who commit fraud for a living to gain knowledge? Of coarse it does but were not worried about those people. here at cb were looking to help our members and grow the cb community). I give the info here and there when I think the person really needs it. If you haven't noticed a lot of the experienced people on here don't ever post any more and that is due to the attitudes of people on here and the fact that so many think they know everything and no one can tell them different (personally I think it's because when you get to the max in establishing business credit that you loose intrest in trying to learn more, Because to a point your at the end of the road business credit building wise.). Not much has changed with the basic accounts you guys always talk about so it's nothing new to really talk about. I agree, Quill gemplers uline yeah. But what it's always good to see is what works for others regarding other accounts/cli's/recon's ect. And thats what cb revolves around. Gaining from others EXPERIENCE.)

Can't be doing that good!

Don't worry. I would not ever share my profit and loss sheets with you (I knew you would stoop that low to say something to that affect) But I will say this. Be an asset to the forums or be gone.

I love it your the creditboards man! Be a asset or be gone awesome!! You are the new credit guru here!! I bow down.. Like I said can't be that good, I won't say it out loud here but I saw your post in the other forum here.. I bow down you the man and and know everything!

Oh, your talking about my bk.... Yeah when I defaulted on everything three years ago after a job loss there was no point in trying to save a bunch of charged off debt now. You can say what you want about me. I post personal things on a public forum then apparently that means I don't want to keep them a secret. I have horrible personal credit. I could not pg anything now even if I wanted to. But that doesent have anything to do with my business and how it's doing. Matter of fact I think I actually filed before I even started this business. My lawyer was very slow in dealing with everything to the point where I almost had to file a complaint with the bar association.

I'm not all big and mighty and I don't know everything. I'll be the first one to say that. I just believe in sharing valuable information if you have it. I don't personally have anything against you. I don't even know you. I was done a long time ago. I'm not mad and I never was. I agree that it's best we just move on. I'll just keep my mouth shut like I usually do. No hard feelings. See ya around.

Edited by stroked89coupe, 03 June 2012 - 06:26 PM.

[Brndnh721]

I have been done with it for awhile. Like I said earlier I don't say much lately because it's all the same BS questions that people are asking lately. Read the treads please people! We all put a lot of effort into them.. And the people that don't even operate a business and just want to use the credit screw off!

This is why all the old timers are long gone from the forum.. All the new members either know everything or they ask the same questions over and over that have already been answered a 100 times.

Coupe if you don't like my responses to people then just don't read them.. Like I said my responses based on my experiences and trust me I have a lot more experience then you.

Have a great day!

Edited by Brndnh721, 03 June 2012 - 06:35 PM.

[stroked89coupe]

Coupe if you don't like my responses to people then just don't read them..Have a great day!

Will do. You have a good day too.

[SeekingWealth]

I was around when citibank was handing out $25k business credit cards with no PG. They were so easy to get! But, now all the loopholes are closed. Because, people lied on their applications and defaulted big time when the economy crashed. Now getting business credit is really tough. You see almost all apps requires PG's now. So, if you lie on a application you are most likely are going to default and max out all your credit and then disappear from the board. Just go through all the old posts and see all the people that have disappeared.

If you choose to lie it's best to keep it to yourself. Rather than boast it on a public forum and opening yourself up for Breeze to get a subpoena for your IP address from the FEDS. Hey don't take my advice and keep bragging about how much fraud you are getting away with.

There is plenty in jail right now for lying on their mortgage applications that lead to the housing crash.

Edited by SeekingWealth, 04 June 2012 - 10:10 PM.

[alplouis]

Who is this comment directed towards?

[SeekingWealth]

It is directed at stroked89coupe as was my previous post.

[stroked89coupe]

I knew you were going to show up.

So when ever someone dissappears from cb then that means they defaulted on everything? I have not seen you around here in quite some time.... What happend?
So when someone lies on a credit application they Will most likely default on their credit lines after maxing them out???
Are the loopholes closed because of the economy crashing or because of lying on applications?
When you refer to a "loophole" you are referring to bypassing proper procedures. How is using loopholes a good practice?
So most business credit is required to be pg'd because of people lying on applications and defaulting? Not because of poor lending practices? Wow... I would have never known....

Creditors verify business information. And when they do and choose to move forward with the application then that's on them buddy.

[Brndnh721]

I knew you were going to show up.

So when ever someone dissappears from cb then that means they defaulted on everything? I have not seen you around here in quite some time.... What happend?
So when someone lies on a credit application they Will most likely default on their credit lines after maxing them out???
Are the loopholes closed because of the economy crashing or because of lying on applications?
When you refer to a "loophole" you are referring to bypassing proper procedures. How is using loopholes a good practice?
So most business credit is required to be pg'd because of people lying on applications and defaulting? Not because of poor lending practices? Wow... I would have never known....

Creditors verify business information. And when they do and choose to move forward with the application then that's on them buddy.

Yes they do verify businesses but there is only so much they can verify. The most they get is info from the CRA's and sec. of state which has limited info about the business and pretty much comes directly from the owners mouth. Any one can say they have a100 employees and make $20 mill a year. So it really is limited info they have.. As I have send before a good way of weeding out some bad companies is simply to ask for a bank statement or two and that shows you have money coming in and roughly how much you do a year. That is a lot easier them full financials.

[alplouis]

It seems like you people have some history between you. I have been a member of credit boards for couple of year now and I've always wondered where have all the members gone. I read through most of the previous posts and these people are no where to be found. I'm no economist and I don't have a specific reason as to why the U.S. economy crashed (2008). You guys can sit on here and attack one another on how they chose to conduct business but in the end all the bickering isn't helping other members learn how to manage and build business credit for their businesses. I do agree with @seekingwealth, how ever you chose to conduct your business is your business just don't bring it up in the forums because you never know who's lurking. The intent to defraud banks/lenders is a serious charge. I have read a lot of @stroked89coupe posts and I don't believe that he means any harm because most are in reply to those seeking help. This whole back and forth is all about Morals and Ethics (opinions will defer greatly). In the end, it's up to that individual to know the boundaries of what kind of information to post on here and what not to post. There is a reason why there are site administrators on here. I think part of their job is to referee a situation. I hope that Breeze or some other administrator would step in and clarify so that this back and forth can cease.

[stroked89coupe]

I knew you were going to show up.

So when ever someone dissappears from cb then that means they defaulted on everything? I have not seen you around here in quite some time.... What happend?
So when someone lies on a credit application they Will most likely default on their credit lines after maxing them out???
Are the loopholes closed because of the economy crashing or because of lying on applications?
When you refer to a "loophole" you are referring to bypassing proper procedures. How is using loopholes a good practice?
So most business credit is required to be pg'd because of people lying on applications and defaulting? Not because of poor lending practices? Wow... I would have never known....

Creditors verify business information. And when they do and choose to move forward with the application then that's on them buddy.

Yes they do verify businesses but there is only so much they can verify. The most they get is info from the CRA's and sec. of state which has limited info about the business and pretty much comes directly from the owners mouth. Any one can say they have a100 employees and make $20 mill a year. So it really is limited info they have.. As I have send before a good way of weeding out some bad companies is simply to ask for a bank statement or two and that shows you have money coming in and roughly how much you do a year. That is a lot easier them full financials.

What i'm trying to say is underwriting exceptions are made all of the time in both business and personal credit situations. ALL OF THE TIME. In other words we have credit annalists going against company policy in order to get more business out of consumers all of the time.


I understand stretching the annual income thing that i did was wrong. The only reason I did that was so that they would actually pull our company credit file. I knew when they did that t they would see that we had a strong file and that the possibility of an approval would be much higher. I was wrong for doing that.


I did not lie about time in business. They can and did verify that for our company and even though the length of time in business was a minum of 2 years for an approval. THEY over looked that in order to get us approved. The sales information on DNB is accurate and THEY saw it and THEY over looked it.

I have not been in business for two years.

A lot of the accounts that we have, most of them have a 2 year minum requirement. I still got approved. That means something.... It means we know how to manage credit. creditors see that and we get rewarded for that.



I'm not boasting. The whole entire reason I posted that was to aid in helping other members get through the front door.



I will say this. After this I am not arguing anymore.


What I do works...... It's not always correct. In the credit forum they have people helping people in a OPEN fashon remove CORRECT LEGIT derogatory information off of their credit reports.



Tell me how thats RIGHT!!! It's not, It's what WORKS.

[SeekingWealth]

Loophole = NO PERSONAL GUARANTEE = Don't check your personal credit = People with personal credit issues could get a business credit card.

No Loophole = Everything is verified = They check your personal credit = Unless you have strong personal credit = No business credit cards.

Pretty simple, eh?