Well since I am sitting home on Saturday night while EVERYONE I know is out drinking and because the material for tests I have to study for are almost as fun as watching grass grow (Accounting is REALLY fun...) I might as well get some useful info.
I have good credit. I don't know the score because I never wanted to pay to find out, but it should be good. (I have probably 7 years of credit history, 5 accounts total one is at 21,500 limit at 7.9%)
But.. how can I benefit from this? I've mentioned borrowing money at 0APR and investing it in for a return in this thread
But beyond that I am looking for ideas of what I can use it for.
I am not planning on buying (financing) a car anytime soon.
I am not planning on buying a house anytime soon (3 years - unless someone here talks me into it )
My goal initially was to have around 50k limit on a card.. I though it would be cool
What I would like is to have a business credit line - but I don't know if I need a business first or if I can develop a line then add businesses to that line.
As always, all opinions welcome!
I have good credit. I don't know the score because I never wanted to pay to find out, but it should be good. (I have probably 7 years of credit history, 5 accounts total one is at 21,500 limit at 7.9%)
But.. how can I benefit from this? I've mentioned borrowing money at 0APR and investing it in for a return in this thread
But beyond that I am looking for ideas of what I can use it for.
I am not planning on buying (financing) a car anytime soon.
I am not planning on buying a house anytime soon (3 years - unless someone here talks me into it )
My goal initially was to have around 50k limit on a card.. I though it would be cool
What I would like is to have a business credit line - but I don't know if I need a business first or if I can develop a line then add businesses to that line.
As always, all opinions welcome!
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