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Updated over 5 years ago on . Most recent reply

User Stats

50
Posts
13
Votes
Darius Tracy
  • Buford, Ga
13
Votes |
50
Posts

Is this building business credit ad a scam?

Darius Tracy
  • Buford, Ga
Posted

I recently came across someone who said that they had a program in which as long as you had an Llc and a 680 credit score they could qualify you to get significant business credit cards and credit lines. The basic premise was if you had a revolving credit card of at least 2500.00 dollars minimum then whatever your highest credit card limit was they could get you 5 to 8x that amount of credit. For example 10k on American Express with the above qualifications would allow you to be able to secure business cards and credit lines from 50 to 80k. The name of the company is Bella Sloan Enterprises out of Jenkintown, PA. Their website is https://www.bellasloanbusinesscredit.com/ I basically wanted to run this information through our community to see if anyone has ever heard of such practices, or is this just simply another internet scam. I have great personal credit and am trying to build business credit but am wary of giving any sensitive information to these types of organizations without at a bare minimum talking to my BP friends who may have seen this type of advertising before.

Most Popular Reply

Account Closed
  • Las Vegas, NV
140
Votes |
100
Posts
Account Closed
  • Las Vegas, NV
Replied

@Darius Tracy

Not a scam, just a company selling a variation on the theme, you pay them to build you a business credit profile and in time obtain business credit.

Some charge up front , some charge a percentage of credit raised

They know all the tricks of the trade that you don’t

You can do it yourself, it takes time and a fair amount of work, or you employ their services for faster and usually better results

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