1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Rebuilding credit?

Discussion in 'Making Money' started by ktljfausa, Sep 1, 2008.

  1. ktljfausa

    ktljfausa Newbie

    Joined:
    Feb 28, 2009
    Messages:
    0
    Likes Received:
    0
    I did not know where to put this post, and since it is about my ability to make money, it landed here.

    My credit was excellent, partially because I got credit cards in my companies names and all my debt went there. Corporate debt does not show up on your personal score.

    In any event, I filed for divorce a few months ago, and she has all my property and has lived off of my credit cards, so my score has dopped 200 points in a few months. income went down, debt went up, fell behind, well thats the story

    I am probably looking at banruptcy, which will toast me for ten years

    I need to figure out a way to secure credit through my new company without using my personal social number.

    Any one have any creative ideas on securing credit?

    Also, I need to move my company to one of the kansas anonymous locations, so she cannot find it, so I also need some form of remailing service, that can send land mail to me from the fake company location.

    I am open to talking to people who have been in this spot and found creative solutions

    Thanks in advance for any suggestions
     
  2. dating101

    dating101 Regular Member

    Joined:
    Aug 6, 2008
    Messages:
    439
    Likes Received:
    311
    Occupation:
    Out of work Construction Superintendent. Local rea
    you can apply for an employer tax id. It has 9 numbers like a soc. sec. # and lots of people use this number for credit cards.

    Because it is a new number, the line of credit will be kinda low ($300?)

    Worth a shot.... may help you out of a pinch!
     
  3. Eglobalmoguls

    Eglobalmoguls Jr. VIP Jr. VIP Premium Member

    Joined:
    Jun 22, 2008
    Messages:
    482
    Likes Received:
    99
    Kt,
    You can build corporate credit without personal guarantees as there is a system for doing this i got a about 4 of them with credit at different levels of credit. All my compaines are wyoming or nevada companies. Nevada allows bearer shares so this is a big plus, no irs info sharing agreement, and shareholders is private data.

    Here are they steps to setting up a credit lines for new business:
    1. Articles of incorporation file. (use physical address on articles)(use resident agent if out of state company like nevada)
    2. File list of officers (use physcial address on list of officers)
    3. Call irs by phone and as for a ein or tax number (only takes 15 minutes and they give it to you by phone)
    4. Must have a physical address. dont use a virtual office or p.o box. Better to use a home address if you don't have a real office and no other company must have same address. This address must be on number 1 & 2.
    4. Set up a phone number listed to that home address. Forward that number to your cell phone or an answering service as you must have a phone answering in your companies name for compliance when they call and you are establishing credit lines. Register that number with national 411 immediataly as that is the first thing compaines check if you are listed and they can find you.
    5. Open up business account usally its a good deal to open 3 of them as some creditors check the age of your bank account. This way you have some throw away accounts on hand just in case.
    6. Now if you set your company up as a nevada, kansas, or wyoming corp you need to file a foreign qualications to do business in the state you are in. This is so you can open a bank account in that state.
    7 Cal Dun and Bradstreet and get a duns number. It will cost 47$. Those fuckers will try to sell you. Tell them you don't want to buy nothign now but maybe later as you don't want them selling you a credit builder program because you don't need that shit. They will try to sell you a 299$ to 799$ package. They are ball busters do don't sign up for it.Just tell them you want to pay the 50$ for your duns number and that is it. they will email it to you in a day to 3 days.

    This is the first stage of complaince.
    There are 3-5 stages of credit lines taking you from simple credit like sprint and staple to more advance of cash credit cards without a social security. As soon as you are finished with this stage pm me and it will post the next stage for everyone here. Its alot of typing but if you are serious i will post the next stages so complete this first.

    But just so you know ahead of time. It takes 1 month for simple credit but takes a 6 months to a year before you can get cash credit cards without personal gurantee and there is only like 5 compaines that offer credit cards (cash) without personal guarantee.

    credit is money in the U.S. so i would not file bankruptcy. How much has ex got you for?
     
    • Thanks Thanks x 5
  4. Eglobalmoguls

    Eglobalmoguls Jr. VIP Jr. VIP Premium Member

    Joined:
    Jun 22, 2008
    Messages:
    482
    Likes Received:
    99
    i forgot to tell you there are fast ways if you have money this is just for someone without alot of money. You can buy shelf corporations or reddi corps and shell compaines with credit lines already established bascially you are buying a credit profile.


    Plus there are ways to fix you real credit fast by buying tradelines..

    The shit gets deep is just depends on how far you want to go. But its there!
     
    • Thanks Thanks x 1
  5. ktljfausa

    ktljfausa Newbie

    Joined:
    Feb 28, 2009
    Messages:
    0
    Likes Received:
    0
    I appreciate the info. She got me for a $300,000 house ( i have a forbearance on it, but will lose it cause I cannot get her out in time to re rent it, or sell it) and probably $200,000 more in credit cards.

    I knew it was coming so I already have a new EIN, and set up a new Indiana company six months ago. That company has a bank account and a physical address, I just need to relocate it.

    What I used in the past was what used to be called Mail Boxes etc. They provide a physical address for your mail, not a PO box. Thats all I had for ten years.

    I set up new phone numbers through a toll free number company, and you can point the toll free number anywhere you wanted. I remember the first time the redit card companies called to verify employment.

    LOL I was verfiying my own employment with them.

    In any event this bitch has filed a protective order on me which means I have to leave this area or face arrest the next time she is pissed.

    So I need to move the company, bank acounts etc. so far I have not found anyone that offer credit cards to JUST the company, they ask me for a social, will not take the ein.

    The new company is already registered with Duns

    So I have even thought of just hiring someone for their social number and having them get the credit. not sure.

    I am too broke right now to buy shell companies yet, but I will get back there.

    All of the websites are secured, so she cannot fuck with them.

    Just need a new haven she cannot find me at, and start over.

    I pity the poor bastard that gets her next.

    Thanks for the help
     
  6. ktljfausa

    ktljfausa Newbie

    Joined:
    Feb 28, 2009
    Messages:
    0
    Likes Received:
    0
    whats a tradeline? I googled the name, and see there are tons of choices.

    I have no morals when it comes to survival so I am open to anything
     
  7. Eglobalmoguls

    Eglobalmoguls Jr. VIP Jr. VIP Premium Member

    Joined:
    Jun 22, 2008
    Messages:
    482
    Likes Received:
    99
    seasoned tradelines. Bascially its grey stuff. You buy a credit line added to your business or credit profile. Its the fastest way to build a credit profile overnight.
     
  8. ktljfausa

    ktljfausa Newbie

    Joined:
    Feb 28, 2009
    Messages:
    0
    Likes Received:
    0
    I just did some quick research, so who is good and trustworthy for a tradeline? The concept may be the bridge I need
     
  9. Eglobalmoguls

    Eglobalmoguls Jr. VIP Jr. VIP Premium Member

    Joined:
    Jun 22, 2008
    Messages:
    482
    Likes Received:
    99
    but no you cannot use a p.o box. or a 1800 line you will not get credit. There is a formula for it i have done it a shit load of times. I many of thousands of dollars in mistakes fine tunning it.
    200000 in credit cards huh. You must of been doing some application o rama's. Or hitting 40 cards around the same day and then bumping the inquiries off.

    The only cards with cash you can get for business without a personal gurantee stricly on tax id is only a few. Key bank, Home Deport Mastercard. Buy you have to build a credit profile first and get a paydex with dun and bradstreet and strong profile before can get these cards. This is the 4 stage for building a corporate credit profile.
    Business experian and business equifax will auto generate business credit profiles but you need a duns number.

    I have tried it with a regus business center
    virtual office with a live secratary and got denied a couple years back when i started learning the business credit game. And i know about the mail box company you are talking about its a national franshise and im in MIami and orlando so they are everywhere.

    Mark my words you will need a physical address or a home address.

    A virtual suite, p.o box through any mail company, will not work for serious credit cards.
     
    • Thanks Thanks x 1
  10. Eglobalmoguls

    Eglobalmoguls Jr. VIP Jr. VIP Premium Member

    Joined:
    Jun 22, 2008
    Messages:
    482
    Likes Received:
    99
    Remember all compaines have differenet due diligence requirements and all of them have different standards for approval.
     
    • Thanks Thanks x 1
  11. ktljfausa

    ktljfausa Newbie

    Joined:
    Feb 28, 2009
    Messages:
    0
    Likes Received:
    0
    Well I came up here from Davie Florida so I was headed back your way.

    I will go ahead and set a physical address up. I have some friends In Boca that can handle that for me.

    From there it sounds like I just need more time to build the story for the cards.

    Yep I was getting rid of the inquiries, to keep it strong.

    Sounds like a Tradeline will add a strong history to a new company.
     
  12. ktljfausa

    ktljfausa Newbie

    Joined:
    Feb 28, 2009
    Messages:
    0
    Likes Received:
    0
    I sincerely appreciate the tips, I learned alot from you tonight. Thanks
     
  13. williamgeorge

    williamgeorge Newbie

    Joined:
    Mar 2, 2010
    Messages:
    0
    Likes Received:
    0
    There are hundreds, if not thousands, of shareware and freeware download sites out there. A software developer can make software and upload it to all these shareware download sites, and many of them will link back to his website.
    ---------------------
    williamgeorge
    http://www.drivenwide.com
     
  14. Eglobalmoguls

    Eglobalmoguls Jr. VIP Jr. VIP Premium Member

    Joined:
    Jun 22, 2008
    Messages:
    482
    Likes Received:
    99
    yep funnie i just moved from davie to weston. So we are neighbors. LOL.

    If you buy tradelines make sure it reports to all beauros for business or atleast the 2 strongest which is Dun and bradstreet and business experian.

    Also if you have friend that own business you can have them give you a credit line that is huge and reports. That is the buddy buddy system. Even though you might not use the credit line a big line will open op opportunity for other big lines as creditors will match the bar but no one wants to give you a 50000 starter line if you have never had one.

    If you are repairing personal credit don't use authorized user accounts as they don't work no more you need to use a joint account or a primary account tradeline. They exisit if you look hard enough.

    If you have money you can have a strong profile in less than 3 months.

    If you don't you are looking at 8 months to a year.

    Good Luck Big Dog!
     
  15. ktljfausa

    ktljfausa Newbie

    Joined:
    Feb 28, 2009
    Messages:
    0
    Likes Received:
    0
    Yep I have a couple friends that own companies there that would step if I asked. Thats a good idea.

    Have a friend in Weston that will also step up

    Well I will be back there soon. I have lots of time, 3-8 months works for me.

    Goodnight all. I am off for the night
     
  16. Mr Sandman

    Mr Sandman Guest

    bro you need to check out this forum - hXXp://creditboards.c0m/forums/
     
  17. lazarus4444

    lazarus4444 Registered Member

    Joined:
    Apr 12, 2008
    Messages:
    88
    Likes Received:
    30
    Location:
    Anywhere
    Hey this is great info, keep it coming. I can use this for my own business.

     
  18. Eglobalmoguls

    Eglobalmoguls Jr. VIP Jr. VIP Premium Member

    Joined:
    Jun 22, 2008
    Messages:
    482
    Likes Received:
    99
    yep hxxp://www.creditboards is good. I use this to game the credit system. there they have a database of cards and what credit ageny they pull. If you have daily credit monitoring you know what it takes to get approved with specific cards. As soon as you meet these requirements you hit a shit load of credit cards also.

    If you are going to be building business or personal credit credit boards has alot of good free information.

    If you are looking to go on a mega application spree and hit like 6 figures of credit cards overnight go to the fat wallets forum under finance. You have a click of people including muah throwing down with some application or rama's. Which basically it getting a hundred thousand to as high a 5 houndrad thousand in business and personal credit in 24 hours. You have to have good credit for this so you would have to enhance your personal credit first before you make this move but once you do this you have serious buying power or investing power.
     
  19. Mr Sandman

    Mr Sandman Guest

    Yeah I've learned a couple of tricks from there that helped me out on the personal credit aspect. Now I'm really focusing on establishing good credit for my business.

    You seem to really know your stuff Eglobalmoguls, good job man. :)
     
  20. wolfmmiii

    wolfmmiii Junior Member

    Joined:
    Jul 13, 2008
    Messages:
    108
    Likes Received:
    2
    Dude...Looking for credit rebuilding help? You gotta go to consumers.creditnet.com/Discussions. I have no vested interest in it but was a member for a long time.....It's like a BHW for credit repair:)