2020-10-11 at 6:06 PM UTC
If you have no credit or you just got your credit cleaned or its been 7 years and your credit is clean. Then the sky is the limit .You can get your loan in like 45 days.
Then what people use to do is buy AU tradelines. Like for a Child who is 18, instead of sending them to collage ...for 4-5 years...or maybe 10 years.
They let them open up a business. How? With their credit.
If you have a clean slate or no credit then you can buy AU tradelines. This is someone allowing you to be an authorized user on their credit tradeline.
Then it will report on your credit as you having this line of credit or loan for 4 or 5 years or however long the tradeline has been open. There payment history will be reported on your credit report AS IF YOU APPLIED FOR THE LOAN.
So you go from having nothing on your credit to having stuff reported.
This comes from an act where married couples would be using and paying on a credit card but it only going on one person's credit report. This was seen as unfair.
But these days I hear they changed the game. And your will need some primary tradelines with the AU tradelines that you bought.
Because they are on to the game. They changed the way they score. You need a mix.
So to get primaries you can join My jedielers club or get the app self. And Maybe one credit card.
Then buy 2 AU tradeline like a loan for 50k-100k that's 5 years old.
So when they check your credit for the loan they see that you have a good payment history on your loans....
Then you can open a business like maybe a franchise restaurant like McDonalds or rent exotic cars to rent or to invest in the currency market like bitcoin.
Basically its about keeping money. Not eating your seedcorn. But most people don't have any seedcorn to start planting.
Plant all your Seedcorn and have your money grow. In businesses. Find a business mentor that can give you the secrets to starting a business. Then pay for the lessons (spend some money maybe 1000k-8000k) on lessons. DON'T GET SCAMED.
Then start the business. I find Amazon FBA one of the best new businesses.
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2020-10-11 at 8:13 PM UTC
i like you're idea but is 50-100k enough to start a food franchise?
also how is this a bad idea, i thought buying/selling tradelines was legal, just against the cardholder agreements
2020-10-13 at 12:36 AM UTC
selling tradelines is pretty damn good money for almost no time/effort if you have high credit limits and several different cards
The following users say it would be alright if the author of this
post didn't die in a fire!
2020-10-15 at 1:48 AM UTC
Sudo
Black Hole
[my hereto riemannian peach]
Interesting but I bet requires a little more nuancing, not to be confused with noncing
2020-10-15 at 2:20 AM UTC
Sudo
Black Hole
[my hereto riemannian peach]
will you shut the fuck up all your posts are so predictable and boring, your gimmick is tired and you never say anything clever or interesting. Go to arnox's dragon furry playground where you can role play as someone anyone gives a shit about
2020-10-15 at 2:42 AM UTC
Sudo
Black Hole
[my hereto riemannian peach]
I have to admit your dedication to alliterations is endearing to me as I'm a big fan of James Ellroy and other writers who employ them.
Ok you can post a little bit but try not to be so painfully pathetic
2020-10-15 at 3:08 AM UTC
I got to go to SG and come here more often.
What happen he deleted all his "co*kwarmingly clear" (to quote him) posts.
