The new guide to establish business credit.

[stroked89coupe]

I have always has a domain from go daddy since right before I starts the business. I did this because I was planning on a website.

 

12.99 a year and free email. I know you can have multiple emails or what I think is called a fowardall setting meaning anything that is addressed before the @ sign will come to your domain.

 

Cs@yourdomain.com

Feedback@yourdomain.com

 

For 12 bucks a year for a professional domain and web mail with a registered domain is the best you will probably find.

 

I'm going to check out this google voice stuff. I have been hearing a lot about it.

[alplouis]

I have always has a domain from go daddy since right before I starts the business. I did this because I was planning on a website.

 

12.99 a year and free email. I know you can have multiple emails or what I think is called a fowardall setting meaning anything that is addressed before the @ sign will come to your domain.

 

Cs@yourdomain.com

Feedback@yourdomain.com

 

For 12 bucks a year for a professional domain and web mail with a registered domain is the best you will probably find.

 

I'm going to check out this google voice stuff. I have been hearing a lot about it.

 

If your in Business you better at least look like your in business. Website, email address are essential. Can't get by with out them. There so many low cost ways to getting these types of services.

[prevostconstruction]

According to what everyone has told me on here is that I would at least do $50 because that will report as $100 on your reports.

 

According to DNB that is not exactly correct. 0 to $74 reports as $50 and $75 to $100 reports as $100 and so on. Just got off the phone with them complaining that my $60 purchase was only reflecting as $50

[BRBiz]

According to what everyone has told me on here is that I would at least do $50 because that will report as $100 on your reports.

 

According to DNB that is not exactly correct. 0 to $74 reports as $50 and $75 to $100 reports as $100 and so on. Just got off the phone with them complaining that my $60 purchase was only reflecting as $50

 

First off I can't believe you called up to complain about that.. That is funny! Secondly honestly it makes no difference if its $20 or $100 no difference in credit building. It's the accounts in the thousands you want to make sure are reporting properly. Once you get around the $5000 high area your in decent shape for getting good accounts.

[alplouis]

According to what everyone has told me on here is that I would at least do $50 because that will report as $100 on your reports.

 

According to DNB that is not exactly correct. 0 to $74 reports as $50 and $75 to $100 reports as $100 and so on. Just got off the phone with them complaining that my $60 purchase was only reflecting as $50

 

First off I can't believe you called up to complain about that.. That is funny! Secondly honestly it makes no difference if its $20 or $100 no difference in credit building. It's the accounts in the thousands you want to make sure are reporting properly. Once you get around the $5000 high area your in decent shape for getting good accounts.

 

Stay away from dnb. calling them to complain about a minimal trade reporting amount isn't smart. You can get red flagged for that. They will assume that you're just trying to build "business credit" and not actually running a "business". Think about it for a sec, If you're busy running your business how would you have time to call and complain about a $20 trade reporting amount? The only time you call dnb is to correct inaccurate information. Good luck.

[BRBiz]

According to what everyone has told me on here is that I would at least do $50 because that will report as $100 on your reports.

 

According to DNB that is not exactly correct. 0 to $74 reports as $50 and $75 to $100 reports as $100 and so on. Just got off the phone with them complaining that my $60 purchase was only reflecting as $50

 

First off I can't believe you called up to complain about that.. That is funny! Secondly honestly it makes no difference if its $20 or $100 no difference in credit building. It's the accounts in the thousands you want to make sure are reporting properly. Once you get around the $5000 high area your in decent shape for getting good accounts.

 

Stay away from dnb. calling them to complain about a minimal trade reporting amount isn't smart. You can get red flagged for that. They will assume that you're just trying to build "business credit" and not actually running a "business". Think about it for a sec, If you're busy running your business how would you have time to call and complain about a $20 trade reporting amount? The only time you call dnb is to correct inaccurate information. Good luck.

 

That was the first thing that popped in my head when I read that.. Only call them as a last resort to fix a major issue.. They may have already flagged your account. Think about it for a minute.. Your paying that much attention to a small order to go as far to call them and tell them it's not the correct amount about $20 off! I'm sure your seldom ever happens. Most don't even understand how business trades are reported.

[PrinceChristian]

For anyone interested- I have been in business for 4+ years and have one tradeline with Quill. I just two calls today from the same phone number saying I was denied a Net 30 for Staples and Office Depot because they "need a personal guarantee". Staples and Office Depot use the same company for their applications (accountsonline.com, I believe).

 

 

I aslo received a denial in the mail today for a Lowes card, although I may have inadvertantly applied for a revolving account. The denial letter shows that they checked Experian for credit references.

 

 

Damn! Three denials in one day!

 

I'm filling out apps for Grainger, Sears, and Uline right now. Uline asks for two trade references on their app, but I only have one. I guess I'll just leave the other one blank?

 

Office depot and Staples are both financed through CITI. You know the major creditor? I think your skipping a cupple steps. Matter of fact you definetly are. Focus on net 30 accounts. Look in my sig for some examples. Most all report. After you have a cupple of net accounts apply for Wright express gas cards. Once you get to that point and get some gas cards reporting start apping for revolving and major net 30's.

 

 

 

Minor net 30's<Major net 30's<Revolving

 

 

Look in my sig at the trades that I have From left to righ on net 30 and revolving are all in order from 1st obtained to last obtined. Notice they start from bs accounts to major credit grantors. Unfortunatly thats how this game works. Don't get discourged.

 

Hey Stroked

 

How long did you wait after obtaining the fourth Net 30, before applying for Jiffy Lube, then the Wright Express???

 

Thanks!

 

 

 

[BRBiz]

For anyone interested- I have been in business for 4+ years and have one tradeline with Quill. I just two calls today from the same phone number saying I was denied a Net 30 for Staples and Office Depot because they "need a personal guarantee". Staples and Office Depot use the same company for their applications (accountsonline.com, I believe).

 

 

I aslo received a denial in the mail today for a Lowes card, although I may have inadvertantly applied for a revolving account. The denial letter shows that they checked Experian for credit references.

 

 

Damn! Three denials in one day!

 

I'm filling out apps for Grainger, Sears, and Uline right now. Uline asks for two trade references on their app, but I only have one. I guess I'll just leave the other one blank?

 

Office depot and Staples are both financed through CITI. You know the major creditor? I think your skipping a cupple steps. Matter of fact you definetly are. Focus on net 30 accounts. Look in my sig for some examples. Most all report. After you have a cupple of net accounts apply for Wright express gas cards. Once you get to that point and get some gas cards reporting start apping for revolving and major net 30's.

 

 

 

Minor net 30's<Major net 30's<Revolving

 

 

Look in my sig at the trades that I have From left to righ on net 30 and revolving are all in order from 1st obtained to last obtined. Notice they start from bs accounts to major credit grantors. Unfortunatly thats how this game works. Don't get discourged.

 

Hey Stroked

 

How long did you wait after obtaining the fourth Net 30, before applying for Jiffy Lube, then the Wright Express???

 

Thanks!

 

Wrights express is more about high trade amounts reporting then time or amount of trades.. You want atleast a couple trades reporting with atleast one $1k plus showing..

[prevostconstruction]

According to what everyone has told me on here is that I would at least do $50 because that will report as $100 on your reports.

 

According to DNB that is not exactly correct. 0 to $74 reports as $50 and $75 to $100 reports as $100 and so on. Just got off the phone with them complaining that my $60 purchase was only reflecting as $50

 

First off I can't believe you called up to complain about that.. That is funny! Secondly honestly it makes no difference if its $20 or $100 no difference in credit building. It's the accounts in the thousands you want to make sure are reporting properly. Once you get around the $5000 high area your in decent shape for getting good accounts.

 

Obviously you have nothing to do but criticize. I have consistently watched you two bully folks around like you are the grand credit gurus. If someone offers up information...let it be. If it is wrong ...say so, but don't criticize someone for their thoughts. Just so happens I have been around this board for sometime and have 12 reasonably high trades with a 95 paydex, so if I complain to dnb about $20 (which you were wrong) that is my business.

[BRBiz]

Ok.. How many screen names do you use here? So you have 12 high trades but called to complain about $10? Ya that makes sense.. Half of the problem here lately is the newbie(s) thinking they know everything.. If you have a 95 paydex you must be the master! Or atleast you think you are. As you have seen in my other posts the paydex is the same as a facko score.

Rushing to pay a bill before you even get one or the day you get it will actually start to raise some eyebrows once you get some real creditors looking at the applications.. Tells them your spending way to much time focusing on paying a $100 invoice instead of running a business and bringing money in. Most companies are not within in terms a lot of times maybe a few days late and that is pretty normal.

 

What don't you start a thread on the process of building credit? Or did you already do that? Not sure why your here if your not giving us your secrets to a 95 paydex!

[prevostconstruction]

Ok.. How many screen names do you use here? So you have 12 high trades but called to complain about $10? Ya that makes sense.. Half of the problem here lately is the newbie(s) thinking they know everything.. If you have a 95 paydex you must be the master! Or atleast you think you are. As you have seen in my other posts the paydex is the same as a facko score.

Rushing to pay a bill before you even get one or the day you get it will actually start to raise some eyebrows once you get some real creditors looking at the applications.. Tells them your spending way to much time focusing on paying a $100 invoice instead of running a business and bringing money in. Most companies are not within in terms a lot of times maybe a few days late and that is pretty normal.

 

What don't you start a thread on the process of building credit? Or did you already do that? Not sure why your here if your not giving us your secrets to a 95 paydex!

 

Actually...this may be my fourth post, but I have been watching the board for years. Young man...your negativity is astonishing. I would hope that you treat people better in the real world.

[prevostconstruction]

Ok.. How many screen names do you use here? So you have 12 high trades but called to complain about $10? Ya that makes sense.. Half of the problem here lately is the newbie(s) thinking they know everything.. If you have a 95 paydex you must be the master! Or atleast you think you are. As you have seen in my other posts the paydex is the same as a facko score.

Rushing to pay a bill before you even get one or the day you get it will actually start to raise some eyebrows once you get some real creditors looking at the applications.. Tells them your spending way to much time focusing on paying a $100 invoice instead of running a business and bringing money in. Most companies are not within in terms a lot of times maybe a few days late and that is pretty normal.

 

What don't you start a thread on the process of building credit? Or did you already do that? Not sure why your here if your not giving us your secrets to a 95 paydex!

 

Actually...this may be my fourth post, but I have been watching the board for years. Young man...your negativity is astonishing. I would hope that you treat people better in the real world.

 

And as far as secrets to a 95 paydex? I simply pay my invoice within 5 days. No big secret, but I wish you prosperity, because it appears if you don't get it....you may go postal.

[prevostconstruction]

Ok.. How many screen names do you use here? So you have 12 high trades but called to complain about $10? Ya that makes sense.. Half of the problem here lately is the newbie(s) thinking they know everything.. If you have a 95 paydex you must be the master! Or atleast you think you are. As you have seen in my other posts the paydex is the same as a facko score.

Rushing to pay a bill before you even get one or the day you get it will actually start to raise some eyebrows once you get some real creditors looking at the applications.. Tells them your spending way to much time focusing on paying a $100 invoice instead of running a business and bringing money in. Most companies are not within in terms a lot of times maybe a few days late and that is pretty normal.

 

What don't you start a thread on the process of building credit? Or did you already do that? Not sure why your here if your not giving us your secrets to a 95 paydex!

 

Actually...this may be my fourth post, but I have been watching the board for years. Young man...your negativity is astonishing. I would hope that you treat people better in the real world.

 

And as far as secrets to a 95 paydex? I simply pay my invoice within 5 days. No big secret, but I wish you prosperity, because it appears if you don't get it....you may go postal.

 

And......paying my bills ahead of time has not raised any eyebrows. It actually gave me a 95 paydex.

[prevostconstruction]

Ok.. How many screen names do you use here? So you have 12 high trades but called to complain about $10? Ya that makes sense.. Half of the problem here lately is the newbie(s) thinking they know everything.. If you have a 95 paydex you must be the master! Or atleast you think you are. As you have seen in my other posts the paydex is the same as a facko score.

Rushing to pay a bill before you even get one or the day you get it will actually start to raise some eyebrows once you get some real creditors looking at the applications.. Tells them your spending way to much time focusing on paying a $100 invoice instead of running a business and bringing money in. Most companies are not within in terms a lot of times maybe a few days late and that is pretty normal.

 

What don't you start a thread on the process of building credit? Or did you already do that? Not sure why your here if your not giving us your secrets to a 95 paydex!

 

Actually...this may be my fourth post, but I have been watching the board for years. Young man...your negativity is astonishing. I would hope that you treat people better in the real world.

 

And as far as secrets to a 95 paydex? I simply pay my invoice within 5 days. No big secret, but I wish you prosperity, because it appears if you don't get it....you may go postal.

 

And......paying my bills ahead of time has not raised any eyebrows. It actually gave me a 95 paydex.

 

Also young man...at 45 years old... you are not a newbie to much. Learn to use terms that give less of an appearance of being condescending. Not a good look.

[BRBiz]

So your a troll? Watching for years and never joined in..I am we'll aware how to get a higher paydex but as us more experienced people know the score doesn't mean a thing.. Companies look at the info and really just want to see you paying within terms.. Why bother with a credit account if your not using it. Great your paying your $100 bill early.. You going to pay your $4000 bill early?

 

If I seem a little condescending at times that's because I am... Out of no where we a couple newbies with all this info and this is how you need to do or it won't work attitude jump in or people who just don't want to take any time to search the forums before asking questions that have been answered a thousand times already.

[alplouis]

Building business credit is a very simple process that requires patience and persistence. Weather you made a $20 payment or $100 payment it will eventually show up on your biz credit file. DNB is usually slow to report payment experiences because they understand that a lot of corps listed in their data base are just there to build business credit. This is why they would ask , is this for Government or business credit purposes? Think about it for second, most companies that pay their invoices usually do it by the due date. What business likes to pay invoices way ahead of the due date? Check your dnb file for your industry's average payment experience trend and you'll see that most are probably late on paying invoices rather paying way ahead of time. Now, there is a method to strategically timing your payment experiences to have them report quickly. And that's simply a matter of knowing the accounts payable schedule for your vendors/lenders. I believe that this is what @Prevosconstruction is trying to do. I'm just saying!

[BRBiz]

I think he is just paying early for the higher paydex with out knowing their schedule.. As long as your within terms that is what companies want to see. Like you said it does tell you and most depending upon industry are not within terms usually a few days late. Again as you mentioned most companies have a set date for payments no matter what.

[stroked89coupe]

For anyone interested- I have been in business for 4+ years and have one tradeline with Quill. I just two calls today from the same phone number saying I was denied a Net 30 for Staples and Office Depot because they "need a personal guarantee". Staples and Office Depot use the same company for their applications (accountsonline.com, I believe).

 

 

I aslo received a denial in the mail today for a Lowes card, although I may have inadvertantly applied for a revolving account. The denial letter shows that they checked Experian for credit references.

 

 

Damn! Three denials in one day!

 

I'm filling out apps for Grainger, Sears, and Uline right now. Uline asks for two trade references on their app, but I only have one. I guess I'll just leave the other one blank?

 

Office depot and Staples are both financed through CITI. You know the major creditor? I think your skipping a cupple steps. Matter of fact you definetly are. Focus on net 30 accounts. Look in my sig for some examples. Most all report. After you have a cupple of net accounts apply for Wright express gas cards. Once you get to that point and get some gas cards reporting start apping for revolving and major net 30's.

 

 

 

Minor net 30's<Major net 30's<Revolving

 

 

Look in my sig at the trades that I have From left to righ on net 30 and revolving are all in order from 1st obtained to last obtined. Notice they start from bs accounts to major credit grantors. Unfortunatly thats how this game works. Don't get discourged.

 

Hey Stroked

 

How long did you wait after obtaining the fourth Net 30, before applying for Jiffy Lube, then the Wright Express???

 

Thanks!

 

 

 

 

As soon as it reported to dnb. Jiffy lube is backed by wright express. So their underwriting standards are similar. Typically store branded cards by wex are easier to obtain and is a perfect place to start to get your foot in the door. Just like I did. Once you do this and establish a cupple months of payment history with them they will pretty much approve you for anything. Thats what I did.

[stroked89coupe]

For anyone interested- I have been in business for 4+ years and have one tradeline with Quill. I just two calls today from the same phone number saying I was denied a Net 30 for Staples and Office Depot because they "need a personal guarantee". Staples and Office Depot use the same company for their applications (accountsonline.com, I believe).

 

 

I aslo received a denial in the mail today for a Lowes card, although I may have inadvertantly applied for a revolving account. The denial letter shows that they checked Experian for credit references.

 

 

Damn! Three denials in one day!

 

I'm filling out apps for Grainger, Sears, and Uline right now. Uline asks for two trade references on their app, but I only have one. I guess I'll just leave the other one blank?

 

Office depot and Staples are both financed through CITI. You know the major creditor? I think your skipping a cupple steps. Matter of fact you definetly are. Focus on net 30 accounts. Look in my sig for some examples. Most all report. After you have a cupple of net accounts apply for Wright express gas cards. Once you get to that point and get some gas cards reporting start apping for revolving and major net 30's.

 

 

 

Minor net 30's<Major net 30's<Revolving

 

 

Look in my sig at the trades that I have From left to righ on net 30 and revolving are all in order from 1st obtained to last obtined. Notice they start from bs accounts to major credit grantors. Unfortunatly thats how this game works. Don't get discourged.

 

Hey Stroked

 

How long did you wait after obtaining the fourth Net 30, before applying for Jiffy Lube, then the Wright Express???

 

Thanks!

 

Wrights express is more about high trade amounts reporting then time or amount of trades.. You want atleast a couple trades reporting with atleast one $1k plus showing..

 

 

I disagree based on my experience. Wex does care more about usage if you are asking for a cli on one of their accounts. But it only has applied to the account that youre asking for the increase on and not other trades on your report. So for an example if you have a 500 cl and your asking for a cli but you don't use the card at all then wex is not going to give you one.

 

 

I Never had anything over 100 reporting anywhere before getting approved for WEX. Both store cards and Gas (Universal as well). When I did get approved wex was my highest credit line comming in over a thousand dollars.

[stroked89coupe]

According to what everyone has told me on here is that I would at least do $50 because that will report as $100 on your reports.

 

According to DNB that is not exactly correct. 0 to $74 reports as $50 and $75 to $100 reports as $100 and so on. Just got off the phone with them complaining that my $60 purchase was only reflecting as $50

 

First off I can't believe you called up to complain about that.. That is funny! Secondly honestly it makes no difference if its $20 or $100 no difference in credit building. It's the accounts in the thousands you want to make sure are reporting properly. Once you get around the $5000 high area your in decent shape for getting good accounts.

 

Obviously you have nothing to do but criticize. I have consistently watched you two bully folks around like you are the grand credit gurus. If someone offers up information...let it be. If it is wrong ...say so, but don't criticize someone for their thoughts. Just so happens I have been around this board for sometime and have 12 reasonably high trades with a 95 paydex, so if I complain to dnb about $20 (which you were wrong) that is my business.

 

I don't think there is anything wrong with calling them up. But just make sure you are talking to DNB credibility Corp and not DNB. One is there to help with problems similar to yours and one is there to sell you something. If you call dnb you can ask to be transfered to the other side of dnb. They have been very helpfull when i needed them about an account they kept reinserting that was reporting incorectly. Nice people.

[stroked89coupe]

Ok.. How many screen names do you use here? So you have 12 high trades but called to complain about $10? Ya that makes sense.. Half of the problem here lately is the newbie(s) thinking they know everything.. If you have a 95 paydex you must be the master! Or atleast you think you are. As you have seen in my other posts the paydex is the same as a facko score.

Rushing to pay a bill before you even get one or the day you get it will actually start to raise some eyebrows once you get some real creditors looking at the applications.. Tells them your spending way to much time focusing on paying a $100 invoice instead of running a business and bringing money in. Most companies are not within in terms a lot of times maybe a few days late and that is pretty normal.

 

What don't you start a thread on the process of building credit? Or did you already do that? Not sure why your here if your not giving us your secrets to a 95 paydex!

 

Actually...this may be my fourth post, but I have been watching the board for years. Young man...your negativity is astonishing. I would hope that you treat people better in the real world.

 

And as far as secrets to a 95 paydex? I simply pay my invoice within 5 days. No big secret, but I wish you prosperity, because it appears if you don't get it....you may go postal.

 

And......paying my bills ahead of time has not raised any eyebrows. It actually gave me a 95 paydex.

 

 

Paying bills early will never hurt you. I pay all of my personal bills a month in advance.

[stroked89coupe]

So your a troll? Watching for years and never joined in..I am we'll aware how to get a higher paydex but as us more experienced people know the score doesn't mean a thing.. Companies look at the info and really just want to see you paying within terms.. Why bother with a credit account if your not using it. Great your paying your $100 bill early.. You going to pay your $4000 bill early?

 

If I seem a little condescending at times that's because I am... Out of no where we a couple newbies with all this info and this is how you need to do or it won't work attitude jump in or people who just don't want to take any time to search the forums before asking questions that have been answered a thousand times already.

 

 

Whats wrong with not joining? That just simply means he is doing nothing but soaking up usefull info this board offers. If he has not asked any specific questions in four years that's probably ALL he was doing was searching. He provided usefull info on a paydex that I don't recall any one mentioning before.

[breeze]

If you call someone a troll, there'd better be proof. There is none.

 

Are you related to "Big Shot?"

[BRBiz]

Good luck guys with everything in your business and credit building.... This board has become nothing less then a troll site for the most part, only a handful of people here have any useful info to provide.. Then we have the trolls who watch for years and don't say a word then jump in with this is how you do it type post..

 

All the people who new a good amount are long gone and I see why now! My self included feel free to put the offical ban tag on my username although not neccasary since I won't be back but I know it makes you feel good if you even post this.

[breeze]

I believe Tee said what needs to be said. And I am not "lead" I am admin. You think someone is doing something wrong, report it. Don't call them names.

 

http://creditboards.com/forums/index.php?showtopic=427888&view=findpost&p=4073658