has anyone heard of credit builder and has it worked for you?
I have my own LLC and my own business account what else do I need?
I just wanna build my business credit…
Thanks Alot…
Do you also have an EIN? How long has your LLC been in existence. All banks buy from your state dept of businesses. They in turn generate business credit apps and send them out a month or 2 later. It took me 6 weeks to get my app. I filled it out and sent it out. Just waiting to hear back from Equity. My credit I just found out zoomed to 720 after moving around some balances that has to be below 50% of the credit limit accordint to Donna Fox. So theoretically I should get a good credit line from Equity. Hope this helps
steve
Thanks kikaider,
Yes I do have a ein. other then using a cc to build credit card. is there an alternative like credit builder to build business credit? I actually was on another website and other company owners have lines of credit with home depot, ups, dhl etc…How do they get to have an option like that? And some of them only had their company names no more then a year.
Thanks
I heard on an rehab audio call, you simply go up to various companies that you typically use: flooring, walls roofing and ask for a contractor discount. As always, if I am wrong, anyone feel free to correct me. Newbie florida shortsale investor.
steve
The best way to start building credit is by having people report your good paying habits. So that is why a credit card is good. You can go to Home Depot and sign up as a contractor and apply for their credit card. However, don’t go there and charge up a lot and not pay it off!
Another way is to go Dun & Bradstreet’s website. They offer various ways to build your credit…for a fee.