This comes up alot and I figured I would share some info that I had. Now I haven't taken the time to draft it like a manual;however, these are some pretty inclusive notes that I had saved in my gmail account that I've pasted together. I had good credit to begin with but I've used some techniques to get over a 100 point increase in a short amount of time. I've also used the techniques to not only get a Dun and Bradstreet number in 24 hours without the headache..I've gotten a PAYDEX number in only two months which is really fast. That has allowed me to get alot of business credit for the new software company I am working on. I won't state numbers, but I have alot of credit possibilities.
What I will post below should at least give you some insight. For everything else go to www.creditboards.com. Also, don't think because you have legitimate derogatory claims on your report that you can't get them off. You can. There are numerous ways of legally getting derogatory remarks removed. It's really all about knowing the system. Just the type of paper that you use makes a difference. For instance, because of all these pay for deletion credit improvement companies that send generic letter...the CB's just take all the mail and run is through a scanner that automates the processes and responses. However, if you write in yellow legal pads with lines in it and with blue ink..the scanner can't read it and a human has to read it..which increases your chance of getting a person to read your complaint. Those little tibits make a difference. It takes some time with writing letters, but it is worth it. Honestly, if you can't take an hour a week to put towards this you can't complain about your situation then. I stress read everything you can in the personal credit section at www.creditboards.com
Read below. I will answer some questions in this thread if you need some assistance. But don't swamp me..just go to www.creditboards.com and read the "pinned threads" in the personal credit section. There have been some people who have gotten 200 point increases in 5 months and posted copies of their reports with the letters that they wrote to prove it. This is very legitimate and can really open up some opportunities for you...especially if you plan to open a business soon.
The following is cut and pasted from my email records but generally it is pretty much in decent linear order
Order copies of your credit reports from the three agencies
The MOST important thing is to dispute at least THREE elements of the account you wish deleted or corrected.
1) Save a copy of everything. Every credit report, every letter you send, every response you get. Did EX update something one way in August and another way in September? If you can prove it, you have them. I would also suggest that EVERYTHING be sent certified mail return receipt requested with the following stated in your correspondence
SENT CERTIFIED MAIL RETURN RECEIPT REQUESTED NO.
2) Don't dispute important things on-line or by phone unless it is clear-cut. You want a record of your dispute and you want their response in writing. Don't accept dispute results on-line from EXP.
3) If you give the CRAs enough rope, they will hang themself. Be meticulous and methodical and you will catch them on provable violations.
4) Don't underestimate the value of disputing directly with the OC, like the CROs do. At least a third of my deletions have come from disputing directly with creditors. Nutcase letters do work.
5) Equifax will not provide verification procedures. Keep a good record and they will violate every time.
6) Experian will send you 'was previously verified' letters out the wazoo. The letters do not meet the requirements of 611 (a) (3). Each one is a violation. Their verification procedure statements (if they send them) are easily attackable as well. Experian will frequently allow disputes to go over 30 days or release the results and then change them afterward. Keep good records and use CMRR.
7) TransUnion will send you a CRO letter even if you tell them you're not using a CRO. Each one is a violation.
8) Equifax tries to do a good job; Experian doesn't give a shit. TransUnion is just plain incompetent.
9) None of the CRAs follow the requirements of 611 (a) (5) (cool.gif for re-insertion of deleted material. Keep a watch and you will catch them.
10) CRAs don't care about your side of it, and they don't care what evidence you have. Unless the OC says it, it's worthless. This is a clear violation of 611 (a) (4), but they'll risk the suits to keep their customers happy. The OCs PAY the CRAs to report the information. They are more worried about offending their customers than they are about getting sued by a consumer.
11) OC's don't want to be involved in your suits against the CRAs. If you file suit against the CRAs and start sending subpoenas to the OCs to get their records of the disputes, things will start disappearing in a hurry.
12) Impatience can make you reckless. Take the time. Consider every comment you make to a CRA.
13) There's no need to spend more than 6 months disputing things with the CRAs, unless you're trying to catch them on violations. After two to four rounds, you're going to get stonewalled, expecially by TU and EFX. If they don't fix it after a few months, you're going to need to litigate. Don't threaten to sue unless you're ready to strap on a stainless steel cup and go into battle.
13) OCs will almost never validate. If you ask for proof the account is yours, they will almost never provide it. They don't want to be liable for sending you wrong information or someone else's information. Find a person at an OC to target. An individual will likely delete the listing to make you go away.
14) CMRR sent priority costs $7.90 each.
5)WHILE WAITING FOR THE NEW REPORTS TO COME BACK READ ABOUT DISPUTING INACCURATE INFORMATION AS "NOT MINE"
6)NOW THAT YOU HAVE AN UNDERSTANDING ABOUT DISPUTING AND YOU NOW HAVE YOUR NEW REPORTS. ITS TIME TO START DISPUTING. DISPUTE LETTERS CAN BE AS SIMPLE AS"THIS IS NOT MY ACCOUNT. PLEASE DELETE"
7)WAIT 30+5 MORE DAYS AND READ ABOUT DISPUTE VALIDATION WITH COLLECTION AGENCIES AND THE 1-2 PUNCH AND ABOUT STATUTES OF LIMITATIONS WHILE YOU ARE WAITING.
8)ONCE YOU GET TO THIS POINT AND UNDERSTAND THE 1-2 PUNCH YOU SHOULD START READING THE FDCPA AND FCRA. YOU NEED TO KNOW YOUR RIGHTS!!
9)IF YOU HAVE UNPAID COLLECTIONS THAT ARE WITHIN THE "SOL" DO NOT WAKE UP SLEEPING DOGS THAT YOU ARE NOT READY TO DEAL WITH BECAUSE THEY MAY SUE.
10)TIME TO DO THE 1-2 PUNCH AND SEE HOW MANY VIOLATIONS YOU CAN RACK UP. CONTINUE THIS PROCESS UNTILL YOU HAVE A SOLID PAPER TRAIL(COPIES OF EVERY LETTER SENT WITH DATES AND YOUR GREEN CARD FROM YOUR CERTIFIED MAIL RETURN RECIEPT REQUESTED)ALL LETTERS SHOULD BE SENT CMRRR.
Record Keeping:
• Everything in the file-cabinet...
• Each CRA has their own file-hanger
• Each CA/OC/Whatever get's their own folder
• All CMRRR's/receipts/green cards are stapled and placed in respective folders
• I have a calendar printed out and marked with important dates to send/receive things
• EVERYTHING gets scanned as a JPEG image and/or PDF file. EVERYTHING!
• Got my stapler, my "COPY" stamp, my FCRA/FDCPA rules, hole-punch, highlighter and shredder all set out on the desk next to me.
• Made custom WORD templates for CMRRR cards/receipts, bought a cheap-o laser printer...
• If anything is settled or closed, I put a red piece of tape over the top of the file, mark it as RESOLVED, and place it in a box in the closet. If I need to refer to something in teh file, it's already scanned
1.Penfed Platinum Cash Rewards Visa. and Pen Fed Line of credit (try both)
PenFed.org
Equifax score is pulled: Should be at least 720
High Limit card: typically 25k
personal
PenField is Pentagon Federal Credit Union. You have to join their program
2.State Farm Bank Card
http://www.statefarm.com/bank/credit.htm
1-877-734-2265
Liberal
3.Delta Sky miles personal
Citibank professional
CITI PROFESSIONAL CARD: 1(866)-834-9486
4.CHASE Cash Builder PLATINUM
5.Chase Travel Rewards PLATINUM
6.Patleco VISA PLATINUM
7.USAA PLATINUM
DC Classic Visa
Lockhead CU
Carnival SeaMiles MC
Carnival Sea Miles- Juniper
Navy Federal Credit Union Visa Platinum
Navy Federal Credit Union MC Platinum
Nevada State Bank Platinum VISA
Bethpage Federal Credit Union
Providian Paypal Visa
Charles Schwab/MBNA Visa
First USA/Bank One
United Mileage Plus Visa Sig
Fleet Platinum Visa
AMEX Starwood Platinum
8PENTAGON FED CREDIT UNION MC PLATINUM TRAVEL REWARDS
9.PROVIDIAN PLATINUM
10.AAdvantage Card
https://www.accountonline.com/ACQ/Apply?app...N&siteId=CB&B=A
www.citicards.com/aadvantage
Call 1-800-683-6581
Midrange limits 5-15k
Pull EQ or sometimes TU
650 score is good enough
http://www.bluenile.com/financing.asp
If I were you I'd get these (In this order)
AMEX
BofA
Citi
MBNA
National City
BankOn
For business credit
After you are incorporated:
refer to this page for insight:
http://creditboards.com/forums/index.php?showtopic=25063
~After receiving your first phone bill, go to www.staples.com and fax in copy of application along with copy of phone bill to apply for business credit. Use professional letterhead for coversheet. You should receive the standard $750 credit line with no personal guarentee (herein referred to as "PG").
Set up the following business accounts, and make at least one purchase, you want to pay this off BEFORE the first statement hits:
1. get nabs, national pen, etc..they easy 30 day net
3. FedEx CONTACT Revenue Services Department 1-800-622-1147 press 4 then 1
5. Barnes & Noble CONTACT Purchase order department 1-212-414-6000
~If you have at least 30-45 days to use, the following companies automatically report to D&B creating your business file:
-FedEx
--Staples
~Once you have a paydex score of 75+, you can apply for Lines of Credit (herein referred to as "LOC") or business Credit Cards without any sort of PG. The cards/accounts desired are:
Enterprise Rent a Car (Corp. Rental) www.enterprise.com
Wells Fargo Bank (Visa/Mastercard) www.wellsfargo.com
Bank of America (Visa) www.bankofamerica.com
American Express (Green/Gold) www.americanexpress.com
Chevron www.chevron.com
Mobil www.mobil.com
MBNA Bank www.mbna.com
Wells Fargo (Line of Credit) www.wellsfargo.com
Bank of America (Line of Credit) www.bankofamerica.com
Union Bank (Line of Credit) www.unionbank.com
Cal Fed www.calfed.com
United California Bank www.unitedcalbank.com
Most companies will not ask to see financials for loans of 50k or less.
Easy appovals to establish trade lines.
Pre Paydex and high personal credit.
5.Corp.Express (net 30)
6.Mapsco (net 30)
7.FedEx (net 30
9.Grainger (net 30)
10.Specialized Products (net 30)
11.Office Depot
12.DB/EX 3/0
Net 30 Accounts
13.http://www.globalcomputer.com/applications/b2b/request.asp
14. http://www.tedthorsen.com/help.aspx
15. http://www.veripack.com/VeriPackOF.pdf
16. http://lib1.store.vip.sc5.yahoo.com/lib/zb...y/creditapp.pdf
17.http://www.zbattery.com/
18. http://www.misterart.com/net30/MisterArt_Credit_App.pdf
http://www.misterart.com/index.cfm
19. http://www.altex.com/downloads/forms/credit-app.pdf
http://www.altex.com/
20.http://images.crucial.com/pdf/net30app.pdf
http://www.crucial.com/index.asp
21.http://www.delcity.net/delcity/servlet/nav...editapplication
22.http://www.thechipmerchant.com/gov/net_30.pdf
23.http://www.officesupplypro.com
24 http://www.globalindustrialdot.com
https://www.globalindustrial.com/gcs/credit.web#ApplyCredit
Tier 2
Liberal with Credit
Paydex and Equifax make them gauranteed
These are preperatory for the Tier 3 Attempts
1.Dell www.dell.com
2.Staples www.staples.com
3.UPS
4.Office Depot
HP: www.hp.com for small & Medium Business, (800) 888-0262 and followed the prompts.
5.TMobile
6.HD MC revolving
www.homedepot.com/cards
https://www.ecardapply.com/homedepot/web/cb...application.asp
1-877-969-3265
7.HD Expo
8.JC Penney
9.HDMC
10.Lowes
11.Sears
12.Best Buy
13.Sony
14.Sunoco
15.Shell Fleet
16.4imprint net
17.Borders net
18.Tiffany net
20.Compusa
21.CitiAA 12k
22.Diner's Club MC Net
23.Amazon
24.Mobil Gas
25.Marothon
26.Shell
27. CDW
Tier 3
1.Citi Business Platinum
2.Citi Business Premier Pass
3.Citi AAdvantage
4.Sam's Discover
5.Amex Blue for Business
6.Key Bank
7.Chase
Chase's Gmbusiness card pulled TU
680 score gets you in.
Tier 4
1.Elan Business Credit Card:
Here is the link for the app
http://www.elancard.com/cgi_w/cfm/Elancard...578&theme=elan0
Here is the number I called for status
Elan Bank Business Visa 800-558-3424
I believe it's based on personal scores. I have 12 tls on Exp and 6 on DNB reporting.
2.Wright Express:
I applied last week for their gas card. Stated I would be doing $3,000 monthly. Their rep called me today telling me I was approved for $9,000. She told me they take your monthly volume you state on the application and multiply that by 3 for your limit. I will have my cards next week. She even gave me my account number over the phone.
3.Amex Corporate Card:
Fico score of 700
CLI works
4.First Horizon:
866-206-4344
www.firsthorizon.com
Very liberal
Fico score of 680
Notes:
I got approved for $50k LOC. S-Corp, 2 years in business, excellent personal debt ratios. The only problem is that my rate is Prime + 3%! They said after 6 months they can reevaluate that. It's still fairly cheap unsecured credit, so I am taking it.
Several important points when comparing First Horizon to American Express LOC, which I also have:
Amex started me out @ $10k and Prime + 3% with $99 annual fee due to Costo Executive Membership. First Horizon gave me $50k at the same rate but their annual fee is only $50. Another important feature of First Horizon is that payments are INTEREST-ONLY - Amex payments amount to almost 3% of the outstanding balance on $10k draw.
MBNA
US Bank
Chase
Advanta
Wells
B of A
What I will post below should at least give you some insight. For everything else go to www.creditboards.com. Also, don't think because you have legitimate derogatory claims on your report that you can't get them off. You can. There are numerous ways of legally getting derogatory remarks removed. It's really all about knowing the system. Just the type of paper that you use makes a difference. For instance, because of all these pay for deletion credit improvement companies that send generic letter...the CB's just take all the mail and run is through a scanner that automates the processes and responses. However, if you write in yellow legal pads with lines in it and with blue ink..the scanner can't read it and a human has to read it..which increases your chance of getting a person to read your complaint. Those little tibits make a difference. It takes some time with writing letters, but it is worth it. Honestly, if you can't take an hour a week to put towards this you can't complain about your situation then. I stress read everything you can in the personal credit section at www.creditboards.com
Read below. I will answer some questions in this thread if you need some assistance. But don't swamp me..just go to www.creditboards.com and read the "pinned threads" in the personal credit section. There have been some people who have gotten 200 point increases in 5 months and posted copies of their reports with the letters that they wrote to prove it. This is very legitimate and can really open up some opportunities for you...especially if you plan to open a business soon.
The following is cut and pasted from my email records but generally it is pretty much in decent linear order
Order copies of your credit reports from the three agencies
The MOST important thing is to dispute at least THREE elements of the account you wish deleted or corrected.
1) Save a copy of everything. Every credit report, every letter you send, every response you get. Did EX update something one way in August and another way in September? If you can prove it, you have them. I would also suggest that EVERYTHING be sent certified mail return receipt requested with the following stated in your correspondence
SENT CERTIFIED MAIL RETURN RECEIPT REQUESTED NO.
2) Don't dispute important things on-line or by phone unless it is clear-cut. You want a record of your dispute and you want their response in writing. Don't accept dispute results on-line from EXP.
3) If you give the CRAs enough rope, they will hang themself. Be meticulous and methodical and you will catch them on provable violations.
4) Don't underestimate the value of disputing directly with the OC, like the CROs do. At least a third of my deletions have come from disputing directly with creditors. Nutcase letters do work.
5) Equifax will not provide verification procedures. Keep a good record and they will violate every time.
6) Experian will send you 'was previously verified' letters out the wazoo. The letters do not meet the requirements of 611 (a) (3). Each one is a violation. Their verification procedure statements (if they send them) are easily attackable as well. Experian will frequently allow disputes to go over 30 days or release the results and then change them afterward. Keep good records and use CMRR.
7) TransUnion will send you a CRO letter even if you tell them you're not using a CRO. Each one is a violation.
8) Equifax tries to do a good job; Experian doesn't give a shit. TransUnion is just plain incompetent.
9) None of the CRAs follow the requirements of 611 (a) (5) (cool.gif for re-insertion of deleted material. Keep a watch and you will catch them.
10) CRAs don't care about your side of it, and they don't care what evidence you have. Unless the OC says it, it's worthless. This is a clear violation of 611 (a) (4), but they'll risk the suits to keep their customers happy. The OCs PAY the CRAs to report the information. They are more worried about offending their customers than they are about getting sued by a consumer.
11) OC's don't want to be involved in your suits against the CRAs. If you file suit against the CRAs and start sending subpoenas to the OCs to get their records of the disputes, things will start disappearing in a hurry.
12) Impatience can make you reckless. Take the time. Consider every comment you make to a CRA.
13) There's no need to spend more than 6 months disputing things with the CRAs, unless you're trying to catch them on violations. After two to four rounds, you're going to get stonewalled, expecially by TU and EFX. If they don't fix it after a few months, you're going to need to litigate. Don't threaten to sue unless you're ready to strap on a stainless steel cup and go into battle.
13) OCs will almost never validate. If you ask for proof the account is yours, they will almost never provide it. They don't want to be liable for sending you wrong information or someone else's information. Find a person at an OC to target. An individual will likely delete the listing to make you go away.
14) CMRR sent priority costs $7.90 each.
5)WHILE WAITING FOR THE NEW REPORTS TO COME BACK READ ABOUT DISPUTING INACCURATE INFORMATION AS "NOT MINE"
6)NOW THAT YOU HAVE AN UNDERSTANDING ABOUT DISPUTING AND YOU NOW HAVE YOUR NEW REPORTS. ITS TIME TO START DISPUTING. DISPUTE LETTERS CAN BE AS SIMPLE AS"THIS IS NOT MY ACCOUNT. PLEASE DELETE"
7)WAIT 30+5 MORE DAYS AND READ ABOUT DISPUTE VALIDATION WITH COLLECTION AGENCIES AND THE 1-2 PUNCH AND ABOUT STATUTES OF LIMITATIONS WHILE YOU ARE WAITING.
8)ONCE YOU GET TO THIS POINT AND UNDERSTAND THE 1-2 PUNCH YOU SHOULD START READING THE FDCPA AND FCRA. YOU NEED TO KNOW YOUR RIGHTS!!
9)IF YOU HAVE UNPAID COLLECTIONS THAT ARE WITHIN THE "SOL" DO NOT WAKE UP SLEEPING DOGS THAT YOU ARE NOT READY TO DEAL WITH BECAUSE THEY MAY SUE.
10)TIME TO DO THE 1-2 PUNCH AND SEE HOW MANY VIOLATIONS YOU CAN RACK UP. CONTINUE THIS PROCESS UNTILL YOU HAVE A SOLID PAPER TRAIL(COPIES OF EVERY LETTER SENT WITH DATES AND YOUR GREEN CARD FROM YOUR CERTIFIED MAIL RETURN RECIEPT REQUESTED)ALL LETTERS SHOULD BE SENT CMRRR.
Record Keeping:
• Everything in the file-cabinet...
• Each CRA has their own file-hanger
• Each CA/OC/Whatever get's their own folder
• All CMRRR's/receipts/green cards are stapled and placed in respective folders
• I have a calendar printed out and marked with important dates to send/receive things
• EVERYTHING gets scanned as a JPEG image and/or PDF file. EVERYTHING!
• Got my stapler, my "COPY" stamp, my FCRA/FDCPA rules, hole-punch, highlighter and shredder all set out on the desk next to me.
• Made custom WORD templates for CMRRR cards/receipts, bought a cheap-o laser printer...
• If anything is settled or closed, I put a red piece of tape over the top of the file, mark it as RESOLVED, and place it in a box in the closet. If I need to refer to something in teh file, it's already scanned
1.Penfed Platinum Cash Rewards Visa. and Pen Fed Line of credit (try both)
PenFed.org
Equifax score is pulled: Should be at least 720
High Limit card: typically 25k
personal
PenField is Pentagon Federal Credit Union. You have to join their program
2.State Farm Bank Card
http://www.statefarm.com/bank/credit.htm
1-877-734-2265
Liberal
3.Delta Sky miles personal
Citibank professional
CITI PROFESSIONAL CARD: 1(866)-834-9486
4.CHASE Cash Builder PLATINUM
5.Chase Travel Rewards PLATINUM
6.Patleco VISA PLATINUM
7.USAA PLATINUM
DC Classic Visa
Lockhead CU
Carnival SeaMiles MC
Carnival Sea Miles- Juniper
Navy Federal Credit Union Visa Platinum
Navy Federal Credit Union MC Platinum
Nevada State Bank Platinum VISA
Bethpage Federal Credit Union
Providian Paypal Visa
Charles Schwab/MBNA Visa
First USA/Bank One
United Mileage Plus Visa Sig
Fleet Platinum Visa
AMEX Starwood Platinum
8PENTAGON FED CREDIT UNION MC PLATINUM TRAVEL REWARDS
9.PROVIDIAN PLATINUM
10.AAdvantage Card
https://www.accountonline.com/ACQ/Apply?app...N&siteId=CB&B=A
www.citicards.com/aadvantage
Call 1-800-683-6581
Midrange limits 5-15k
Pull EQ or sometimes TU
650 score is good enough
http://www.bluenile.com/financing.asp
If I were you I'd get these (In this order)
AMEX
BofA
Citi
MBNA
National City
BankOn
For business credit
After you are incorporated:
refer to this page for insight:
http://creditboards.com/forums/index.php?showtopic=25063
~After receiving your first phone bill, go to www.staples.com and fax in copy of application along with copy of phone bill to apply for business credit. Use professional letterhead for coversheet. You should receive the standard $750 credit line with no personal guarentee (herein referred to as "PG").
Set up the following business accounts, and make at least one purchase, you want to pay this off BEFORE the first statement hits:
1. get nabs, national pen, etc..they easy 30 day net
3. FedEx CONTACT Revenue Services Department 1-800-622-1147 press 4 then 1
5. Barnes & Noble CONTACT Purchase order department 1-212-414-6000
~If you have at least 30-45 days to use, the following companies automatically report to D&B creating your business file:
-FedEx
--Staples
~Once you have a paydex score of 75+, you can apply for Lines of Credit (herein referred to as "LOC") or business Credit Cards without any sort of PG. The cards/accounts desired are:
Enterprise Rent a Car (Corp. Rental) www.enterprise.com
Wells Fargo Bank (Visa/Mastercard) www.wellsfargo.com
Bank of America (Visa) www.bankofamerica.com
American Express (Green/Gold) www.americanexpress.com
Chevron www.chevron.com
Mobil www.mobil.com
MBNA Bank www.mbna.com
Wells Fargo (Line of Credit) www.wellsfargo.com
Bank of America (Line of Credit) www.bankofamerica.com
Union Bank (Line of Credit) www.unionbank.com
Cal Fed www.calfed.com
United California Bank www.unitedcalbank.com
Most companies will not ask to see financials for loans of 50k or less.
Easy appovals to establish trade lines.
Pre Paydex and high personal credit.
5.Corp.Express (net 30)
6.Mapsco (net 30)
7.FedEx (net 30
9.Grainger (net 30)
10.Specialized Products (net 30)
11.Office Depot
12.DB/EX 3/0
Net 30 Accounts
13.http://www.globalcomputer.com/applications/b2b/request.asp
14. http://www.tedthorsen.com/help.aspx
15. http://www.veripack.com/VeriPackOF.pdf
16. http://lib1.store.vip.sc5.yahoo.com/lib/zb...y/creditapp.pdf
17.http://www.zbattery.com/
18. http://www.misterart.com/net30/MisterArt_Credit_App.pdf
http://www.misterart.com/index.cfm
19. http://www.altex.com/downloads/forms/credit-app.pdf
http://www.altex.com/
20.http://images.crucial.com/pdf/net30app.pdf
http://www.crucial.com/index.asp
21.http://www.delcity.net/delcity/servlet/nav...editapplication
22.http://www.thechipmerchant.com/gov/net_30.pdf
23.http://www.officesupplypro.com
24 http://www.globalindustrialdot.com
https://www.globalindustrial.com/gcs/credit.web#ApplyCredit
Tier 2
Liberal with Credit
Paydex and Equifax make them gauranteed
These are preperatory for the Tier 3 Attempts
1.Dell www.dell.com
2.Staples www.staples.com
3.UPS
4.Office Depot
HP: www.hp.com for small & Medium Business, (800) 888-0262 and followed the prompts.
5.TMobile
6.HD MC revolving
www.homedepot.com/cards
https://www.ecardapply.com/homedepot/web/cb...application.asp
1-877-969-3265
7.HD Expo
8.JC Penney
9.HDMC
10.Lowes
11.Sears
12.Best Buy
13.Sony
14.Sunoco
15.Shell Fleet
16.4imprint net
17.Borders net
18.Tiffany net
20.Compusa
21.CitiAA 12k
22.Diner's Club MC Net
23.Amazon
24.Mobil Gas
25.Marothon
26.Shell
27. CDW
Tier 3
1.Citi Business Platinum
2.Citi Business Premier Pass
3.Citi AAdvantage
4.Sam's Discover
5.Amex Blue for Business
6.Key Bank
7.Chase
Chase's Gmbusiness card pulled TU
680 score gets you in.
Tier 4
1.Elan Business Credit Card:
Here is the link for the app
http://www.elancard.com/cgi_w/cfm/Elancard...578&theme=elan0
Here is the number I called for status
Elan Bank Business Visa 800-558-3424
I believe it's based on personal scores. I have 12 tls on Exp and 6 on DNB reporting.
2.Wright Express:
I applied last week for their gas card. Stated I would be doing $3,000 monthly. Their rep called me today telling me I was approved for $9,000. She told me they take your monthly volume you state on the application and multiply that by 3 for your limit. I will have my cards next week. She even gave me my account number over the phone.
3.Amex Corporate Card:
Fico score of 700
CLI works
4.First Horizon:
866-206-4344
www.firsthorizon.com
Very liberal
Fico score of 680
Notes:
I got approved for $50k LOC. S-Corp, 2 years in business, excellent personal debt ratios. The only problem is that my rate is Prime + 3%! They said after 6 months they can reevaluate that. It's still fairly cheap unsecured credit, so I am taking it.
Several important points when comparing First Horizon to American Express LOC, which I also have:
Amex started me out @ $10k and Prime + 3% with $99 annual fee due to Costo Executive Membership. First Horizon gave me $50k at the same rate but their annual fee is only $50. Another important feature of First Horizon is that payments are INTEREST-ONLY - Amex payments amount to almost 3% of the outstanding balance on $10k draw.
MBNA
US Bank
Chase
Advanta
Wells
B of A
