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DamnoIT
- Senior Member - 4K
posted: Mar. 22, 2007 @ 11:28a
I am surprised that your CL is so low. I mean you have started business, worked in various enterprises, pull a nice paycheck and should have nice equity. I would think that you should be around 5 mil, but then again Credit companies dont want to hand out that mauch ching at 0%. he he he |
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Azurik
- Senior Member - 2K
posted: Mar. 22, 2007 @ 1:30p
DamnoIT said:I am surprised that your CL is so low. I mean you have started business, worked in various enterprises, pull a nice paycheck and should have nice equity. I would think that you should be around 5 mil, but then again Credit companies dont want to hand out that mauch ching at 0%. he he he
I probably blame myself for this. I always had followed the "don't put all your eggs in one basket" mantra. For my business, I increased my revenue channels and expanded my business lines, but I didn't focus too much on my credit then. I had (still have) a great relationship with American Express. I charged everything on AMEX unless they weren't accepted - rarely carrying more than a $20 bill with me. Because of the Centurion card, I didn't religiously ask for credit line increases or did any allocation. It was only until late last year did I do all of those for my first AOR.
I think once my second AOR begins though, I will have credit lines that is more aligned with my spending ability. We'll see, and stay tuned!  |
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