I am currently 17, and I am in need of a line of credit.
I make around 3K~/month before taxes.
I do some business on and off the internet, and my business has to stop for like half the month while I collect revenues, since I can not continue business because I run out of funds!
I run my advertising campaigns for like 10 days, and run our of funds! This stops all revenue from my campaigns, and I have to wait around 30 days to get paid, and this is really hurting me as I can really be growing.
I do not want a co-signed. I do have a checking and savings account along with a debit card as my mother co-signed.
However, I was wondering if I could just lie? I will be paying my balance in full every month, and it will not be for personal charges. I know this is unethical, but I know how to properly use credit.
So I don’t care about high interest rates as this won’t effect me.
I do not want unsecured credit cards, I need an actual line of pure credit!
Thank you for any information you may have!
Just a 2K Limit would be great, as I could push some more revenue, and I could work something out with my advertisers to pay my bi-weekly or something.
I just need this credit to help with my cash flow.
I don’t have a co-signer. I would ask my mother, but she doesn’t understand people use credit for leverage, how to investment, and just making money work for you, rather you working for money.
I have no other options. I already have income flow, I just want to keep this cash for continuous.
I see people lie all the time and get credit cards and make charges, of course they were e personal, and just teens who wanted to buy things at the mall.
I am able to pay my balances money with my profit.
So it’s not that I won’t be paying my bill, etc.
