My Business Credit Journey to 1,000,000

One of my readers mentioned on a previous blog that he got his paydex in 30 days without the DnB Credit builder and I have done it in the past but it has been getting harder and harder. I was chatting with him last night and I asked him what vendors he used and what he did so that I can share it with you guys so that you will have an idea what you need to do to get this done. When I asked him which vendors he used, these were his exact words “Oh, Uline, Grainger, FedEx, Betty Mills (but, they refused to report), US Plastics, PBowes, BitWave, Reliable, GoPromo (but, they refused to report), Quill (but, they refused to report), Discount School Supply (I need to send them a letter, so they will report), Branders and Majestic Adv. (but, I have not used them yet)…Whew!!!!”

As you can see, he used more than the minimum of 5 vendors, in order to increase his chance of 5 getting reported quickly. I am also certain that some of the vendors that claimed that they will not report actually did do so in a timely manner.

When I asked him how much he spent on each vendor he said this:

Oh, somewhere between $25.00 – $150.00… depending on whether I had a need for their product(s)… some of the product(s) I sent back because they refused to report to the credit bureau

This should give you some guidance at to what you need to do.

- mike

A suggestion: For all you guys with college kids, I suggest that you start a corporation for each of them and build credit for them so when they are finished with college, if they want to start a business, they will have the credit available.