50K

Method
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 Step 1: Business Foundation

Step 2: Building Business Credit

50K Method
Outline Step 3: Personal Credit

Step 4: How to run the 50K PLAY

Step 5: How to Dispute unwanted items

 BEFORE ATTEMPTING TO RUN THE
50K PLAY YOU MUST FIRST FOLLOW
THE STEPS BELOW !

Business e-mail - (preferably a business domain) * no @gmail.com, @yahoo.com Make

sure your business name is included in your email address. Example: Let's use Mc
Donald's – [email protected] that is how your business email should look.

Business address - ( can be a virtual address ) * Websites that can be used to find
virtual addresses in your area Davinci, Alliance, Regus, WeWork, Opus and Ipostal* Be
mindful these should be actual business offices not homes or FedEx stores. Do your
own research before accepting the first virtual address you come across. STEP 1:
Business bank account - * Best business banks are ANY local credit unions. Truist,
PNC, Navy Federal, US Bank and Bank of America is also a good bank that is not a Business
credit union bank.

Business phone number - * We recommend obtaining an 1800#. Different apps that

Foundation
you can use to gain an 1800 # is Grasshopper and Ring Central. Also, when opening a
business phone line some companies will report to your business credit. These
include AT&T,TMOBILE and Verizon MUST have incorporation papers along with EIN#

Apply for your Dun & Bradstreet number – dnb.com DNB number is free to obtain and
should be obtain before applying for any business credit dealings.
 Disputing unwanted
Back Dating An LLC
items
Did you have a business idea that you previously Do you already have an active LLC but your business
formed an LLC for but did not have the funds to credit reports have negative items? Below are steps
get the business started? you can take to dispute these unwanted/ negative
items
You can bring that LLC back to life! If your LLC is ▪ When disputing info with business credit you are
talking to actual humans, so they tend to be more
no longer active, you can call The Secretary of lenient than the personal credit. This helps a lot
state to get reinstated. because they understand businesses have ups and
downs. By simply sending in hardship letters will
help in disputing anything on your credit report
After you get reinstated, you can now file for a including misinformation and late payments
Certificate of Facts Status to back date your LLC ▪ Experian – Print out credit report and circle all
misinformation. Email information to
[email protected]
* Back dating your LLC will also help get approved
for the 50k no doc business lines of credit ▪ Equifax – Print out credit report and circle all
misinformation. Email information along with
because you will need AT LEAST 2 years on an correct info to [email protected]
active LLC. This does not mean you can't obtain * you may have to request a form to correct
information
50k in funding with a brand new LLC.
▪ Dun & Brad – Call and open a ticket, make sure you
are speaking with a human not the automated
You also do both online system. I called to dispute and removed items from
https://www.sos.Texas.gov/ OR your call sos site. my business report in literally 3-4 days.
Step 2: Building Business Credit Below are a few Net 30
accounts with the bureaus
they report to.

▪ Net 30 trade line accounts – When picking net 30

accounts you are looking for accounts that has the
largest tradeline amount. Net 30 accounts allow you to
buy now and pay later. Vendors that report those
payments to commercial credit agencies help your
company establish strong business credit scores. To sign
up for Net 30s you simply visit the website or call to ask
about the net 30 accounts. A few websites we use are
listed below.
Office Garner - Equifax
Red Spectrum – Equifax
Nav – Equifax, DB, Experian
Crown Office Supplies – Equifax, Experian
Quill – DB
 Step 3: Personal Guarantee *Being a personal
guarantee means you are
Before acting as a personal guarantee keep in mind you should have no collections or inquiries on personally liable to pay off
your consumer report for the specific bureau you plan on utilizing. Its the card/loan
Recommended to have a 680+ credit score before acting as a personal guarantee. Remember you
will need a 680+ credit score on either Transunion, Equifax or Experian.

USING THE PERSONAL GUARENTEE

Clean your personal credit profile METHOD IS THE QUICKIEST WAY TO
remove anything on your personal RUN THE 50K PLAY!
credit profile that is not current or How to remove inquiries
negative. Any old Addresses, phones There are a few different ways you If you tried to clean your own credit
numbers, or any incorrect spelling of can go about removing inquiries report and didn’t find any success,
your name. You can do so by calling yourself. Calling the bureau that please use the contact below
each of the credit bureaus and listed the inquiry and asking them to
disputing the old/incorrect items. remove it. Sending in a dispute Need a full credit repair?
If a negative account is associated letter with the inquiries you want Trish (832)504-5545
with an old address removing the removed.
address will potentially remove the
entire negative account
How to boost your personal credit score quickly

▪ Authorized user tradelines work by adding one person to the credit card of another person. This
process allows those who are added as Authorized users to have seasoned tradeline on their
credit score. When you have a seasoned tradeline it will increase your credit score, credit limit
and lower your utilization.

▪ Tradelines are more beneficial to individuals with no collections or derogatory marks listed on
their consumer report. *VERY IMPORTANT* Adding a tradeline to your credit report with
negative items will not benefit your credit report.

▪ Websites that I use to purchase my tradelines are

Tradelinesupply.com
Coastal tradelines
I also use telegram @redrobin22 she has chase credit card tradelines available really cheap!

PAGE 7
 Below are a list of banks you can use to run the
50k play. Remember you want to make sure the
Bank your applying to has the no doc program
How to run the 50k play Available, so you don’t have to show proof of income.

Now Its time to run the 50k play! You will be using your business
▪ Equifax – Truist (business & personal,
Keybank (Business & Personal), Penfed
and personal credit to get funding FASTER! In the previous slides (personal)
we gave you a few different ways you can go about improving both ▪ Transunion - Navy Federal (personal),
your business and personal credit. If all of your Bureaus are not up Synchrony Bank, Bank of America (
to par starting out that’s not a problem! Not all banks pull from all depending on the area they may pull from
Experian or Equifax ), Univest (business)
3 bureaus. Once you have a credit score of 680+ with no negative
items you can now begin your funding process. I've listed a few ▪ Experian – Nasa federal credit union (
personal ) 680+ , Chase ( go with chase first
banks that only pull from 1 bureau. So now you can go apply for a you cannot have 5 new accounts within 24
business credit card that only pull from the bureau that is a 680+. months , American Express 1 hard pull for
Some banks offer multiple cards for example you can get approved multiple cards ( business ), Navy Federal (
business )
for 5k business credit from Truist also a separate business card for
15k now you have 20k in business funding from Truist. You can do
*PLEASE DO YOUR OWN DUE DILIGENCE AND
CALL TO ASK WHICH BUREAU THE BANK PULL
the same thing for each bank listed and potentially get funding of FROM BEFORE APPLYING. Some banks do
50k+ just by credit card stacking each bureau. You can use this change the bureau depending on where you
are located.
same method to apply for 50k no document lines of credit after
your LLC is 2 years.
 ▪ TRUIST:
We opened a business bank account with Truist first. When opening
the business bank account, we made a deposit of $1500. We then
applied for a business credit card using only my Equifax personal credit
report. We got approved for 5k. We waited 90 days and applied for
another Truist business credit card and got approved for 20k. ( It is
important to use the initial credit card as soon as possible so it can

HOW WE
report to the business credit bureaus, Please remember to keep it
below 10% utilization) We now have a total of 25k in business funding
from TRUIST ONLY!

RAN THE ▪ Key Bank:

We flew to Salt Lake City to open a business bank account with Key

50K+ PLAY
bank and deposited $1,000. We applied for a business credit card with
Key Bank only using my personal Equifax score and was approved for
25k. We waited 90 Days for the 25k credit card to report good
standing and applied for the 50k line of credit and was approved. (
When applying for the 50k line of credit keep in mind you subject to
10% of your earnings. This is a no documentation line of credit so if
you tell the banker, you make $500,000/Yearly you are subject to a 50k
line of credit approval) *Be mindful anything over 500k the bank will
request financial documentation
▪ 100k in funding only using banks that pull from Equifax:
This is how we ran the 50k+ play only using Equifax and you can run
the same play using only one of your best bureau.