Rolling Business aor with EXP (brrrrrrrr)

In the middle of sept I did a personal AOR (to busy to document) Afterward I B*ed TU, EQ and Froze EXP!

This weekend I started the BIZ AOR.

Sole proprietor, 5 years in business, new DnB# 1 company reporting
No EXP business file
No EQ Business file
Business phone line and a real business address

Although it's still to early to tell

FNBO BIz deffered (2-4 weeks message)- approved 12,000 they pulled TU and EQ (EXP frozen) maybe they tried!!!What is interesting is in SEPT I was denied for the BIZ card and denied for a CLI on my personal FNBO card.

We shall see how it goes

CITI business PP deferred

Discover BIZ deferred

(I called personal discover and the CSR said I can have 3 discover cards with them) and that sams and WalMart are different discover cards and do not count YMMV!!!!

BankAtlantic- AirTrans business card deferred

Citi AA deferred

CITI BIZ with TY deferred

Chase Prof. Pre-approved deferred

UsAir Dividend miles deferred (20,000BT)

BofA USAIR deferred

FNBO BIZ deferred approved 12,000

Chase UPS expired Pre-approved deferred (offer still good) 0% 12 mnths 9.9 after (website is like 12.75 after)

PNC BIZ deferred

1st EQUITY Card deferred it had a targeted offer for my biz on it's website, so I filled it in (I think they send you an application) wierd

M&T bank deferred ( a few days late but I understand they don't mind INQs)

Office Depot NO PG approved 250

Dell CITI NO PG approved 5,000

AMEX BLUE CLI 3,000--->15,000 unexpected freebie

Lowes in store NO PG denied (cashier screwed up the app and submitted with PG, I XXXXed out the PG section)some peoples kids!!! after I got home, I called and they said to resubmit online

Lowes online app NO PG Deferred (online app says if NO EIN you must PG) we'll see

This is like a test run, I don't want to many new personal cards. I don't see any pulls for CITI, PNC, DISCOVER. Since I just froze EXP maybe I can convince them to pull another because I haven't gotten my PIN to unfreeze yet????? I don't have to only apply for CAPPED FEEs because my BIZ can put the money to work by charging what I would have paid cash for. So even if I have to pay a few % I'm OK with that. The most important thing is to hide debt off credit report.

I will AOR all year, my goal is to have a few 100,000 of BIZ reporting credit and a few 100,000 of BIZ credit cards, Then I will do a Personal AOR after my EXP INQs age and maybe get some credit union cards ( NASA, PATELCO)

keep us updated on final results gl.

This is a work in progress, but as I started getting into this game heavy last month, I thought after you have 20 new personal accounts then most lenders are scared off. Since I owe 1.6 million on property its a little hard to prove to a lender that I am worthy. Equity and income are good, but tax returns look screwed up (depreciation and writeoffs)

So my 1st AOR was pers. + BIZ, 5 new personal to CLR for bigger limits to impress, for the up coming BIZ AOR. Since I have a business I don't have to have the capped fees that are disappering on biz cards.

I don't think this is the most perfect way, BUT I figured if I can AOR all year on the BIZ side than maybe in the long run it is more profitable????? Also I have to keep my personal file clean for REFIs of rental property and projects. But soon as I get the REFIs done and EXP INQs age. Then i'll still have the personal AOR to do.

Mikawl said: Can you post what your credit scores were before your personal AOR and what they were right before you did the business AOR?

Also, what did you list for household income?

Thanks.

Personal scores were pretty bad in sept because of a 6 1/2 year old verizon collection that was removed in 2003 but showed up again in may07. So my scores were 670s across the board. I did just over 30 apps, but with the new collection I only got 50,000 in new lines. My scores dropped between 625-635. I've always had alot of INQs before FATWALLET

after B* and CLR and then I was able to remove the collection (all 3 reports). So after B* myFICO's TU775, EXP694, (FAKO)EQ713 on my report I have 2 mortgages and 3 that haven't updated for 3 years. I haven't been able to get my scores above 690 for 5 years, since I started my business.

So even with 5 new personal accounts, my scores where higher than ever.

Since I have a BIZ HHI is high 611,000 and my income 355,000. But you'd be suprized at how much they don't care, they want the scores.

I've only gotten 1 credit line of 25,000(chase) and that was 3 years ago, most lines were 5,000 to 10,000. So even with that income, I can't get more 25,000 or better lines. But ofcourse I'm paper rich and cash poor, I keep my money tied up in my realestate. So I can't whip out a bank statement with 100,000 on it.

But I am learning thanks to FATWALLET and others. I've always used my cell phones for my business but last week I finally gave in and got a business line and last month my DUNS #. I think it's making a difference (they can find me if any doubt) on 411 or DnB.

Hope this helps

Something SuperCreditMan told me about TU INQs happened on my TU. He says if you get 2 or more INQs from the same lender on the same day (and coded the same) TU will combine them automatically.

Well my 2 Barclays Bank INQs are now 1, but I also lost an FNBO INQ from a few days ago?????? I am not using heavy B* yet.

Also I checked my app status online for Barclays (???) not sure which app, I have 2 in. But it say DENIED sufficent credit with juniper!!! I have a 2,000 personal and a 500 BankAtlatic . Even with the collection gone, they just don't like my report!!!!

On a brighter note, I just CLI my 1 month old AMEX BLUE from 3,000--->15,000 should I try my other new AMEX PLATINUM???? or would that be pushin it??? Feels like it's on crack. looks like AMEX didn't pull a soft on exp for the CLI.

Anyone have an opinion of what to do with JUNY/barclays The 500 is a joke but it's biz credit so it doesn't hurt my report. But the 2000 is making my average card just under 10,000 on my report. I'm thinking of just closing both of them???

win333 said: On a brighter note, I just CLI my 1 month old AMEX BLUE from 3,000--->15,000 should I try my other new AMEX PLATINUM???? or would that be pushin it??? Feels like it's on crack.I'd recommend caution on the AM3X Platinum CLI for now. You've got a lot of recent activity, and you really don't need an AM3X FR. AM3X can be your very good friend for many years to come, don't jeopardize the relationship now.

I got the declined letters for the barclays (airtrans BIZ and us airways BIZ)

sufficent credit available on juniper account??????

My juny is for 2,000 WTF!!!

I just can't get in the door with them, I don't see it as being worth haveing another new line on my personal report for 2,000. So I think i'm going to close the (bank atlantic 500 and the juny pre-approved up to 5000 = 2,000 CL)

Anythought????

Quick summary updated

just called the chase app line, it said " approved for 20,000 at 0% then 8.99%" this must be the chase professional? and still 1 app pending which was another targeted offer, UPS 9.9% and 0% for 12 months.

Both of these apps came within weeks of getting a biz lic. for my corp!

Only problem is I fiiled them out with my soleproprietorships name I guess it doesn't really matter.

Everytimg chase gives me a new card (since getting my 25,000 personal card) they as for bank statements. But now they don't, I think it's because of the new business phone lines and the new DnB #....

WOO HOOOO Man I'll have 10 corps by the time this is over!!!!!!!

I think what most don't realize is this, When you apply it asks for income and or HHI. Well when they check DnB YOU CAN PUT ASSETS. which will show this isn't a little joky start up.

I just DIS. 6 E_Q --------I_N_Q 2 days ago and now they are POOF. I went from 6 to 15 now back to 9.

When I call the chase app status # it says the PROF was approved for 20,000 and nothing on the 2nd app yet!

Citi= I applied for 3 of the CITI BIZ cards I don't have, but this time using my DUNS# all 3 were DECLINED because of a 6 1/2 year old collection

When my new corp. accounts report I'll hit them again. How SILLY, They said they only look at a collection if it's less than 2 years old. But I disputed it last month (verified) 10/07. So their using that for the denial. HOW LAME.

I called bofa last night and still no answer on the US AIR app (I'm sure they want me to keep my 31,000 17.25% biz card)

I did follow the thread (((BOFA ON CRACK) and got a 7,000 increase on a card I had CLR to my merril card (I had left 3,000 on it in the hopes that 1 day I could CLI it) who'ed of thought I could CLI it the next month. HA HA HA now it's 10,000

Unfortunatly, I found the 1st EQUITY card, after appling I googled it and it sounds like a big joke. I'll report back.

After being declined for the 3 Business apps (with DnB#) I applied for the CITI home rebate card. I just got a call to verify address (since I use a P.O box) He said I would get the card in 7 to 10 days.

To Recap: The 3 CITI BIZ apps were declined because I had just disputed a collection last month from 6.5 years ago. It's paid (I was hoping it would go away) BUT instead it updated as 10-07 with no pay date!!!!! So it looks like I just paid it, So now I'm redisputing with the collection company (it looks like 1 fell off my EXP report this A.M).

CITI said, they only look at NEG info within the past 2 years!!!! So when this updates right, I'll reapply.

Tried to sign up for online account management with FNBO for the new BIZ account, It sure looks like this is a Corporate card, Not just a Business card. I had to fax signatures and agreements to use the online site!!!!

BofA BIZ, I just got a declined for sufficient credit with us/or affiliates, I have 56400 personal and 31,000 BIZ with them. Damn I wanted to reallocate the 31,000 to the new card. (I think i'll hit them up again after the dispute is done or call to tell them to take the credit from my BIZ card).

I placed my 1st order with Dell for 1200 and had to call from my BIZ phone to verify it was me and then they called me back on that phone.

Economist said: Shouldn't have disputed the old negative - although talk to CN47 - if they incorrectly reaged the debt, they may be easy prey for FCRA penalties

win333 said: .

To Recap: The 3 CITI BIZ apps were declined because I had just disputed a collection last month from 6.5 years ago. It's paid (I was hoping it would go away) BUT instead it updated as 10-07 with no pay date!!!!! So it looks like I just paid it, So now I'm redisputing with the collection company (it looks like 1 fell off my EXP report this A.M).

CITI said, they only look at NEG info within the past 2 years!!!! So when this updates right, I'll reapply.
Q]

Ya I was hoping the dispute would make it go away (it worked on TU last month) They didn't really reage but they did remove the paid date.

Also I don't think these banks are keeping the applications. If I B* the INQ, my next app just goes right thru without waiting 30 60 or 90 days??????

Has anyone else experienced this?

called BofA BIZ explaining that I didn't want any new credit (declined for sufficient credit) I just wanted to change my 31,000 at 17.5% to the US air card with 25,000 sign-up miles and 0% for 9 months!!!!! I didn't explain all that. He said I could do that, my account is eligable, he said he'd transfer me to the RECON dept. after about 10 min. hold, he said I would get an answer in 48 to 72 hours. It sounded good (they must be REALLY busy).

I asked if the card # would change (NO) and would I still get the sign-up bonus miles, He said yes. So I figure the 0% rate would still be good. Even though it's on purchases and BT (uncapped fee) I think I can use it.

win333 said: called BofA BIZ explaining that I didn't want any new credit (declined for sufficient credit) I just wanted to change my 31,000 at 17.5% to the US air card with 25,000 sign-up miles and 0% for 9 months!!!!! I didn't explain all that. He said I could do that, my account is eligable, he said he'd transfer me to the RECON dept. after about 10 min. hold, he said I would get an answer in 48 to 72 hours. It sounded good (they must be REALLY busy).

I asked if the card # would change (NO) and would I still get the sign-up bonus miles, He said yes. So I figure the 0% rate would still be good. Even though it's on purchases and BT (uncapped fee) I think I can use it.

BofA called and want me to fax in utility bills for my address I've only had the card for 4 years .

Sounds like you're having a lot of fun with your address. In my first orama, I had to do a lot of work to verify my address with lenders. I had been there for under 2 years, and perhaps more importantly, I don't know if there was a "paper trail" of my address being listed on my credit report.

On my second orama, I didn't have to verify with anyone.

win333 said: Got another call today from BofA (message), I already faxed util bills. I was trying to change my BofA biz card to a U S air card since I was denied the U S air card.

So I called today and the lady said it was approved for 10,000 . I'll take it and move my 31,000 Biz line to it, I hope.


Still waiting on my chase UPS BIZ app.BofA Biz, right? Only reallocate most of your $31k limit to the new card.

Past experience indicates that if you reallocate, there's a good chance they will 'forget' to decrease the limit on the source card. So if you reallocate $30k, you could very well end up with a $40k card AND a $31k card. This has happened to me all 3 times I have reallocated BofA biz limits. But if you consolidate, you loose the source card completely. Good luck.

I got a copy of my Equifax BIZ credit report, My new chase BIZ card that I got in 9-07 is reporting on Equifax. None of my other BIZ cards report anywhere, I'm not sure why this one is reporting BUT I like it!!!!

M&T bank called to verify that I applied, I called them a few days ago and they said I was declined. I asked for recon. and she said it would take a few days.

Today she said it was approved for 5,000, I pushed for more but she said give it some time because I had so many INQs. But she asked why my EXPERIAN was frozen? So I said I freeze them all but EXP. can't be unlocked online like TU and EQ. So I'm going to leave EXP frozen (BUT I haven't got the code yet either ).

BOFA: I've been trying to change my BofA platinum biz 31,000 to a US air card and they sent me another Platinum BIZ for 10,000!!!

So I called the 31,000 card (playing dumb) to see if it was changed yet, and the lady transfered me to US air company?????? hell after 30 minutes on hold I just hung up....

I'll keep trying

I got an Amazon corp card for 3,000 limit, now I'll apply for my corporation. Amazon has a VISA BIZ card.

QS updated

Oh by the way, M&T bank pulled CSC credit report 1-800-759-5979 Not sure who that 1 is, but they said a bunch of INQs

approved for 5,000 sams club credit card for my sole proprietorship, after 1 or 2 months I'll apply for the SAMS discover card.

Shell and exxon both declined, my new accounts haven't shown up on my BIZ credit report yet. After I get the gas cards, I get the visa's from those companies.


QS updated

Approved for a chevron gas card for 1,000, they report to Equifax business and to dun&bradstreet.

1 step closer.

pyro123 said: win333 said:
They pulled TU and EQ, the AMEX card was the card that was ready for a CLI. The month before it was my bank atlantic card 500 to 20,000.

Staples also raised limit from 750 to 4000.

Yes it's a real business, but I use my SS# (no EIN). My SP is a realestate/rental prop biz.


My LLC does have an EIN., but it's really just a shell that I'm building credit for. Soon I will move my property into the LLC for better protection.

Are you disputing inquiries from the rejected cards or accepted business cards? I always read that is unwise to do so with accepted cards because the company can refute your dispute. But i guess i see your point, if is a business card, the account wont show up in your credit report and so the credit bureau just deletes it. They dont even go to the trouble of contacting the issuer company.

thanks

For example, i've been turned down by many creditors, I just B* the INQ and reapply the next month and get approved.! I don't MOST even keep a record of you applying. Some do and some don't.

I disputed every INQ on my credit report, if they removed it FINE, if not FINE. But I didn't lose ANYTHING.

Believe 1/2 of what you see AND NOTHING OF WHAT YOU HEAR!

Alot of SHEEPLE give bad information and believe it.

EDIT: and then you get more SHEEPLE to spread the SHEEPLE TRUTH