Any of you business owners needing a business credit card today need to shoot me a PM. I work for suntrust and they are running a super deal on the interest rate. All you need is decent credit. let me know
thanks
Business owners and credit card
Any of you business owners needing a business credit card today need to shoot me a PM. I work for suntrust and they are running a super deal on the interest rate. All you need is decent credit. let me know
thanks
dam if i already did not have one I would talk to you. Curious what limit we talking and range of interest rate?
usually 1k-10k depending on credit and revenue. interest is 0% for first 6 months. usually around 8% after that
alright bro, what do i need to get one of these. my cred, is GREAT and all that bs, what else will you need!Originally Posted by btstone
2006 mustang gt
gears
bolt-ons
dave ramsey says not to use credit cards
yeah, if you dont know how to use them, then they are not for you. Credit cards are great if used correctlydave ramsey says not to use credit cards
cash is better
very true, never spend more on a credit card than you can pay off when the bill comes
-2001 Lexus IS300
-2004 Pontiac GTO - 530hp/625ft lbs - 10.62@130mph - Sold!
why not spend the cash when you know you have it. save for what you want. makes life a lot easier
you apparently arent a homeowner or do you own a new car..no offense.why not spend the cash when you know you have it
but saving is great....to an extent
if i save up 30k to buy a car, why would i spend all my liquid cash when someone will lend me the money
Negative. Trying to keep up with all that cash and change isn't as easy as having one piece of plastic with you all the time.why not spend the cash when you know you have it
Also, most credit cards have rewards for using them. So if I spend $500 a month on my credit card....I could just tote the cash around with me all the time (which is likely to get lost or stolen) and at the end of the month pay $500. Or I could charge the $500 each month, pay it electronically when the bill comes, and receive reward points for $500 of the card useage every month.
I recently looked up my reward points on my credit card, and I could have gotten a Blu Ray DVD player, a golf club, and several other things. I ended up getting a couple $100 gift cards instead....and this is all on a card I pay off every single month (meaning it literally costs me $0 to use).
2006 Corvette Z06
2" Stainless Works LT Headers
Random Technologies 3" X-pipe, with high flow polished cats
Callaway "Honker" cold air intake
Ported throttle body and intake
Custom dyno tune by MTI Racing Atlanta
496rwhp/478tq
Part of my job is selling people credit cards... Im so fucking tired of people saying that. loldave ramsey says not to use credit cards
lol thats funny
Plus you wont get too far in life with no established credit
why do you need credit when you buy everything with cash?
Because if you have a credit card, you can use the card, and put the cash you have somewhere to make interest and just pay the bill at the end of the month. I mean if you know how to work a card, its good.why do you need credit when you buy everything with cash?
Whoever dies owing the most people the most money wins.
"I'm not a gynecologist... but I'll take a look."
or whoever can leave their family with the most debt with you die
Man, alot of the things you say are very ignorant... working inside a major financial institution will teach you certain things..
1. Dave Ramsey is an idiot.
2. The "debt free life" is good for people that cannot control themselves only.
3. Credit, Credit Cards, Home Loans, HELOC, Car Loans are all very very great things... If you can manage yourself correctly.
Buying power is never a bad thing.
And.. YOUR FAMILY IS NOT RESPONSIBLE FOR ANOTHER FAMILY MEMBERS DEBT IF THEY DIE.
come the fuck on... seriously.
courtesy of whoever posted this before I stole it.
Da Nastyist Whipz Member #9
"Muh fuggas don kno, got dat gangsta green biniss maikin tha dirtlegs say HAY. Da Naystiezt whipz, rillis crew in da A"
What family?
"I'm not a gynecologist... but I'll take a look."
Thing is, credit cards are completely awesome. In fact, some things you CAN'T buy without them (like a hotel room). They make online purchases (which typically save you money) much easier, without having to pay Paypal or Money Order fees.
But if they REASON you are buying a credit card is an effort to "fix" a financial problem or buy more than you have the cash to purchase, it will certainly f' your financial world up.
2006 Corvette Z06
2" Stainless Works LT Headers
Random Technologies 3" X-pipe, with high flow polished cats
Callaway "Honker" cold air intake
Ported throttle body and intake
Custom dyno tune by MTI Racing Atlanta
496rwhp/478tq
Nemo.. i understand where you are coming from. and i have alos heard ramsey talk....you have a lot to learn. ramsey has a ton of money and i know for a fact he uses credit cards. please odnt buy into his bullshit
was it ramsey or clark howard that did the never spend a dollar bill thing?
either way, to be honest, i tried it for a year and saved a shit ton of money
either way credit cards are a must nowadays, being mindful of your spending is the problem, i know a few people that are 20-30K + in credit card debt, not to mention a house, two new cars, etc etc, sure they have nice shit, but they wonder how theyre going to put gas in their cars each week
-2001 Lexus IS300
-2004 Pontiac GTO - 530hp/625ft lbs - 10.62@130mph - Sold!
Clark Howard.
Dad did it this summer, it works out quite well.
You're not going to be making that much interest in an account to overcome the cost of interest on a credit card. Especially in an account that you can take out money every month without a penalty.
03' Lightning w/ Bolt-Ons | KLR 650 | Duece.
American Express Business gold and platinum is where its at. Don't listen to Bstone.
preciate the help bro
As a business owner credit is a great thing to have. Businesses have to purchase inventory. Sometimes, you dont want to be cash strapped and burn all your capital on inventory. So you put it on a credit card with a low interest rate.
AS long as your inventory turn over rate is decent, usually you can make enough money to avoid the finance charges, or pay it off fast.
I routinely charge and use my credit card for my business. It helps keep me liquid so i have opportunities to invest in other assets or ideas.
Enterprise Data Resources- Ecommerce Project Manager
-www.usedbarcode.net
I kid I kid
bring that 996 turbo over to the house....i wanna chck it out
man i may just go buy one,,,lol
why would i spend my liquid money to buy something when someone would loan it to me. no one who owns a business would do that. you must stay as liquid as possible. buying power is the name of the game
Eh, I don't like debt...I paid cash for all the crap I own.
2006 Corvette Z06
2" Stainless Works LT Headers
Random Technologies 3" X-pipe, with high flow polished cats
Callaway "Honker" cold air intake
Ported throttle body and intake
Custom dyno tune by MTI Racing Atlanta
496rwhp/478tq
i owe on my house and my vette. if i had spent all my money on those two items. there would be no money to fix the the s2ks expensive ass parts. or to go out and buy nice ass clothes. i think my decisions were wise
theres nothing wrong with using credit. I mean if you are well off enough to be able to buy a $30,000-60000 car on cash alone, then you prob are smart enough to know how to use credit.
The problem is people make $20,000 a year and want to finance a $60,000 car.
Enterprise Data Resources- Ecommerce Project Manager
-www.usedbarcode.net
General idea is a car should cost half of your annual income... at most.
Learning everyday.
well and dont be stupid. I recently bought a $700 watch, now the place i bought it from, they said "if you sign up for our credit card and get approved you get 55% off".
I said sure. I got approved and i got the watch for $360ish with tax.
I got the card in the mail today and the APR is 19%. Needless to say, i paid it off today. Now i had cash to buy the watch anyway, but why not save the extra money. Now if i just paid the $25 minimum payment, that watch would end up costing me A LOT MORE.
Its like new cars, if you dont own your own house , i wouldnt buy a $30,000 car. If you dont live on your own, i wouldnt buy a $30,000 car. Be cognizant of the interest rate, and the over all payments.
With a business, theres no way i could operate without using credit. I spend $20,000 -$30,000 on inventory every 2-3 months. In the beginning i spent out of my pocket, and i ate ramen noodles until i moved some inventory and made some profit. Now, i can afford to charge that amount, and pay it off very quickly and not have to worry about finance charges or anything like that. My CC has a 4% APR. This gives me the freedom to be able to purchase more than 1 item , make multiple investments, etc rather than deplete my entire cash reserves
Enterprise Data Resources- Ecommerce Project Manager
-www.usedbarcode.net
Any successful business owner, or most anyone that is a self made, will tell you the way to get ahead is with opm, other people's money.
In a business, yes use other peoples money as much as often. In your own personal finances, pay cash and stay away from high interest CC when possible. Even though you pay the credit card everymonth, you still pay interest on what you bought that month. Interest normally accumalates daily, not monthly.
98 Trans Am, 427LSX,94mm Turbo
Thanks to Josh@ Kentucky Turbo for the Turbo Setup
Its interest free if you pay it off completely every month.
Learning everyday.
Fuck it..just put some money away in a roth ira and bank. Unless your already like 40 then it wouldnt do ya too much
Huh? LOL. Roth's are great if that is ONE of your means of saving for retirement, but if you save your money in a bank you'll never make anything off it. I earned 18% on my 401k last quarter since I have it allocated so aggressively. Young folks can afford to do that though.
Posting Permissions
Reply With Quote
