no sign up bonus... it's the Chase Freedom 5% category for this quarter.What was the sign up bonus for shopping there?
Wal Mart and department stores.
unless you regularly shop at Wal Mart, it's quite a useless benefit.
no sign up bonus... it's the Chase Freedom 5% category for this quarter.What was the sign up bonus for shopping there?
It also doesn't impact your personal credit score. You are developing a business credit score with that card.
So I probably should have used my Sole Proprietorship EIN, huh? I was about to, but it specifically said "If Sole Proprietorship, use SSN".
Ah well...
Yes. I spoke to them yesterday. No problem changing the date. Put em all on the same day.Can I still call Chase and have them change my billing dates? I micromanage it so much I'd love for all 5 of my chase cards to be due the same day
So I probably should have used my Sole Proprietorship EIN, huh? I was about to, but it specifically said "If Sole Proprietorship, use SSN".
Ah well...
Sole Prop doesn't usually have an EIN since it's a pass-thru for personal taxes.
If you had a LLC, you'd use an EIN.
What about S-Corp?
no sign up bonus... it's the Chase Freedom 5% category for this quarter.
Wal Mart and department stores.
unless you regularly shop at Wal Mart, it's quite a useless benefit.
Yes. I spoke to them yesterday. No problem changing the date. Put em all on the same day.
Yeah, I got an EIN just so I don't have to give my SSN to clients. Many places recommended it for SP so I figured why not.Sole Prop doesn't usually have an EIN since it's a pass-thru for personal taxes.
If you had a LLC, you'd use an EIN.
Hey guys, need some advice.
So I got LASIK done about two months ago and the place I went through has a 2 year no interest financing, which is pretty much a credit card. I applied to it and got it, but because of the high amount it's pushing my monthly total utilization up over 30%. Should I do something like pay off a decent chunk of what I owe (like 1000 out of the 4000, 25%) right away just to lower the credit utilization or does that really not matter that much?
Hey guys, need some advice.
So I got LASIK done about two months ago and the place I went through has a 2 year no interest financing, which is pretty much a credit card. I applied to it and got it, but because of the high amount it's pushing my monthly total utilization up over 30%. Should I do something like pay off a decent chunk of what I owe (like 1000 out of the 4000, 25%) right away just to lower the credit utilization or does that really not matter that much?
If you want to lower your utilization, just apply for another card. Once you have enough credit, you never have to worry about utilization again.
But the score is also affected by the utilization per card from what I can tell.
If you have the money I say pay off what you can. If you need the money then don't stress about the utilization and just pay off the payments.
Barely. I've maxed out cards (95% utilization) on a single card when they had sweet 0% interest promos and the impact on my score was negligible (well within the regular monthly point swing) so long as I kept the total under the magic 10% line.
You'll see a slightly bigger shift in the 10-30% range, but keeping it under 30% total should still keep you in a good place.
Nothing wrong with applying for cards and just building the overall credit line.
yeay, you pay the premium for the watermelon controllers.
I had no intention of getting the new Nintendo any time soon, but the watermelon made me do it.
apparently joycons alone cost like $80... the heck is that?!?!
and it comes with a case too! I can probably sell that for a few bucks too
I'm really new to this so I apologize if my questions have been answered before.
I went through a very rough patch years ago. Credit cards were taken out in my name that I didn't know about and I had student loan debt piling up that I couldn't pay. I filed for bankruptcy (13) and everything was wiped out last month except for the student loans, of course (which I'm paying back starting next month). My credit score is rated as "poor" and I was told to get a good credit builder card to help out over the next few months. I was told to keep the balance at about $200 on the card and continually make payments above the minimum but to never pay the entire thing off.
I had to buy a new car as well since my old truck just happened to die right when my bankruptcy ended.
Great, that's fine. But which card should I go with? I'm really new to this. I have a good job with steady income but don't want my student loan debt + credit cards + car payment to eat me alive.
Depends on your current score really. The Citi Double Cashback (or is it capital one?) seems like a decent option. Or maybe Chase Freedom Unlimited. Also depends on what you would use it for.
I dont see how a credit card would eat you alive though. ALWAYS pay the entire bill off. The important trick is to make an extra payment after the bill payment but before your closing date. Bring the card total to under 10% utilization if possible. But always pay off the full balance of the bill. Yell at whoever told you not to
Funnily enough, it was the financial adviser who sold me the car. He told me to use the card to pay for gas and little things and always maintain a balance of some kind but not to pay it off each month.
I guess I can just use it to gas up throughout the month and buy the occasional meal and then pay it off in two installments each month?
People suggest doing that all the time, even people in finance. Doesn't mean they're right.
Always pay off your full statement balance by the due date.
You're going to have to get a secured card at the beginning in order to build a new credit history.I'm really new to this so I apologize if my questions have been answered before.
I went through a very rough patch years ago. Credit cards were taken out in my name that I didn't know about and I had student loan debt piling up that I couldn't pay. I filed for bankruptcy (13) and everything was wiped out last month except for the student loans, of course (which I'm paying back starting next month). My credit score is rated as "poor" and I was told to get a good credit builder card to help out over the next few months. I was told to keep the balance at about $200 on the card and continually make payments above the minimum but to never pay the entire thing off.
I had to buy a new car as well since my old truck just happened to die right when my bankruptcy ended.
Great, that's fine. But which card should I go with? I'm new to this. I have a good job with steady income but don't want my student loan debt + credit cards + car payment to eat me alive.
They think you need to show a balance (just having a statement balance will do that) and you need to be a good customer for the bank (they make money from you using the card regardless of interest).What's their logic? Does it show you're a better borrower because you are a sucker and pay interest?