Credit cards & lines of credit

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From: Anonymous


Re Raising short term funds for some quick cash buy & sell opportunities via credit cards and lines of credit to fund the deposits :

Any one have any secrets to getting a few high limit credit cards or unsecured lines of credit by being a bit creative ?

The easier cards/lines to get ?
How to go about ?

Regards

The impatient one
 
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Reply: 1
From: Rixter ®


Why dont you try going to 10 different banks or lenders and try applying for one their credit cards Anonymously!

Happy Investing,
Rixter :)
 
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Reply: 2
From: Rolf Latham


Hiya

try vendor finance for deposits- much easier and almost tolerated by many lenders


ta
Rolf
 
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Reply: 2.1
From: Dirk Diggler


you can get a minimum 20k plus with a company credit card
 
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Reply: 3
From: Russell Chellew


Hi ,

Try Citibank,they have been offering up to $30K credit Card limits (unsecured).I believe you need Min Salary $40-$45K to qualify for $30K Limit.

I would be careful not to apply for too many credit cards with various lenders as these will be recorded on your credit rating . Too many enquires sometimes can have a negative affect on "credit scoring" when applying for future loans.

regards

Russell
 
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