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FixnCred

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  1. Depends on your volume, frequency, and speed of shipments Sent from my SAMSUNG-SM-G891A using Tapatalk
  2. Amex, Chase, BOA, Citi, PNC, NFCU do not report to personal. Sent from my SAMSUNG-SM-G891A using Tapatalk
  3. Equifax shows SP. TU/EX requires backdoor. If you get denied a CLI its a free reason to access the backdoor and see your SPs. They limit the # of times you can do this within a certain time period. I don't know what those limits are. Sent from my SAMSUNG-SM-G891A using Tapatalk
  4. WH is junk. I wouldn't be surprised if tomorrow or the next day you score jumps. Get a FICO score. Sent from my SAMSUNG-SM-G891A using Tapatalk
  5. I don't think so since its a cobrand? Although I've never tried. Too bad Citi doesn't have any other nice Biz Cards that aren't store cards. Sent from my SAMSUNG-SM-G891A using Tapatalk
  6. Get the Costco business and combine the limits into the Costco. Sent from my SAMSUNG-SM-G891A using Tapatalk
  7. In store Sams Club Application Sent from my SAMSUNG-SM-G891A using Tapatalk
  8. I got $10K Dell with 5 tradelines. It seems they want 2+ years. Sent from my SAMSUNG-SM-G891A using Tapatalk
  9. Your question is vague. What type of loan are you looking for? Sent from my SAMSUNG-SM-G891A using Tapatalk
  10. Your friend probably has business credit. He just doesn't know it. I'm sure they put a UCC filing in place as well with this loan. Let's say he needs a second loan for $1MIL or he needs to lease equipment. Is he going to want to PG those as well? Probably not. Worst yet, with a UCC filing in place and no other business credit history... it's likely he won't get approved. Even with good cash flow and assets. That UCC puts any future creditor in 2nd place in the event of a default. This is another risk factor for the lender. So im this case how much would it hurt to not be credit ready?
  11. Business lending is riskier than personal. Hence why everyone is looking for a non PG option. For this reason, unless you're doing $25MIL with good cashflow you have to PG. Otherwise, you could get the loan and do whatever you want with the money to include making dumb decisions and then default with no repercussions. PG effectively reduces the chances of you doing this. Once youre in the $25MIL range its less likely that is what you will do with a loan. The end game? To always be credit worthy in the event that you need a cash infusion into your business or you want to grow.
  12. Well not a dumb question. A good one actually. With all due reapect. Your line of thinking is what keeps small businesses... well small. Debt is horrible. It's a ball, chain, and whip. If you spend your profits on interest debt you will never grow. For some people, they just want to make $50K to $75K per year which is enough for them to be happy. Theres a right way and a wrong way of being content on that annual sum. The difference is interest paid to creditors rather than being paid to yourself. I'd rather pay myseld interest than the banks. I do this by using their cards to
  13. Yeah you really need to go through all the proper steps. Otherwise no one is going to take you seriously. You might get some piddly Net 30s but thats about it Sent from my SAMSUNG-SM-G891A using Tapatalk
  14. Almost always better to have a dealer do it in the commercial space. Mileage is also tax deductible when used as business expense. So it doesnt matter if you want to use the lease or mileage. It's deductible and for the most part six in one and half a dozen in the other. Sent from my SAMSUNG-SM-G891A using Tapatalk
  15. You could try for the Chase Ink Preferred or Cash. However, the best way to maximize Chase is with in branch pre-approvals. Look for a $500 checking account coupon and then put that $25K in there. Make sure you meet with a business bankee to open the account. Find one of the smaller branchds with a business banker and set an appointment. Bring that coupon and open a checking account. If they don't mention it ask if there are any pre approvals for you. With your recent approval it might not be available. If there are no pre approvals you can have the banker submit a paper applicati
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