how can one make business credit card credit line explode?
Jun 25, 2009
in
Business Line Of Credit
how can one make credit line for business credit card go through the roof?
Like this post? Subscribe to my RSS feed and get loads more!
3 comments
Judy on June 25, 2009 at 9:19 pm
I just saw a commercial for the American Express Business card.
They call it a CHARGE CARD.
Absolutely NO credit limit whatsoever.
Give them a call.
They will give you 30 days to pay the balance in full, but there is no credit limit. Your business must be credit worthy.
With your current business card, just send in an extra 10,000 or 100,000 payment. This will show up as credit and be held in your account as such for 90 days. Call them, make sure you can do this.
/
☼AstrologerJuliAnne☼ on June 25, 2009 at 9:19 pm
What are you talking about ? The only way to have your credit line explode..is to overuse it and go over your limit! LOL
Mike on June 25, 2009 at 9:19 pm
I’ve been using my business credit card for a while and the only way my limit has improved is simply by using it and re-paying. I put about $10,000 on my card every month and once I proved to them that I could pay it, they raised my limit from $5,000 when I started to $50,000 today. This took me about 1 1/2 years so I’m not sure if it can “explode” but you can always call up and ask.