@Ahmed Porter I think you misunderstood. There is a ONE time 10% fee but it's 0% APR for the first 6-12 months so there is NO other cost to use the funds. After the 0% introductory period it will be as low as 8.99% but bear in mind there are no other fees required. So technically you pay around 10% on your first year then 8.99% on your second year. NOT 19% total.
Also even if you have a FICO score of 800, you cannot just apply for multiple credit cards, chances are you will only be approved for one and have other denials not to mention several credit inquiries on your credit report.
Here are 9 reasons why clients should work with Synergistic Investments:
1. There are 5 major underwriting houses in the US that underwrite over 10,000 different lenders. If you submit applications to 5 different banks that are underwritten by the same house, you will only end up with one approval, and several wasted inquiries on your credit report.
As a result, you won’t be able to get approvals from other banks for unsecured credit for at least 12 months, due to the number of inquiries you have obtained.
Synergistic Investments knows which banks to apply to depending on what state you’re in, which banks pull from what credit bureau and which underwriting house a certain bank uses.
2. Does the client know which banks offer business credit cards that report only to the business credit bureaus? There are thousands of business credit card products, and many of them report to the personal credit bureaus. The banks you apply to will not tell you if their business credit cards report personally or not.
Synergistic Investments already has established relationships with lenders that report ONLY to the business credit bureaus.
3. Does the client know which Credit Bureau each lender is going to pull from? If you send out applications to 5 different banks that all pull from the same credit bureau, it is likely that most of your applications will be denied because of too many recent inquiries.
Synergistic Investments tracks where each lender pulls credit from, so that we can spread the inquiries between the three credit bureaus and get maximum approvals.
4. Do you know which banks to submit applications to first?
We track which banks are more sensitive to credit inquiries than others. There is a specific order that we submit our lending applications to get the best results.
5. Some lenders require existing relationships before approving you for a business credit card. If you do not know which banks require existing relationships, you will waste an inquiry on your credit report, without an approval.
Since Synergistic Investments already has established relationships with lenders, we can maximize your chances of approval.
6. We guarantee that all accounts approved in our program will come with a 0% introductory period for 6-12 months.
7. Synergistic Investments tracks each lender’s requirements, where they pull inquiries from, and who they are underwritten by so we can get maximum approvals for each client, as quickly as possible.
8. Synergistic Investments obtains over $5,000,000 a month in unsecured business credit approvals. This is what we specialize in.
9. Once approved, we will also send you a list of techniques that past clients have utilized to draw funds that they can use the same as cash (without paying high cash advance fees). This will allow you to utilize the accounts in a similar manner to a checkbook line of credit.
