Has anyone used Credit Stacking to build business credit?

Question

I'm looking into the Credit Stacking program that Jack McColl runs. Looking for any reviews from previous students.

It's a program that helps/teaches you how to access business credit to fund your business endeavors. Most of those lines of credit start with 12-18 months of 0% APR, and the idea is that you can just apply for new cards once that introductory period is up.

Great concept. I just want to see how it's worked for people who have actually gone through it.

Thanks in advance

Tanner Pile · Answer

@Jesse Dickens

I have a friend that has a bit of experience in this. I have heard many things about credit stacking to create income and also to have access to capital quickly for deals. But you better have a plan for when you do use the credit on deals to make sure you do not get stuck paying loads of interest on them.

@Michael Vialpando Do you have any advice for using credit cards and investing?

Luka Milicevic · Answer

You can only pay for stuff that actually accepts CCs. Don't think you can take out a cash advance without paaying interest. So there's some limit to this availability of funds.

Chris Seveney · Answer

@Jesse Dickens

I have seen many of these programs and they all have taught the same thing which is basically apply for cards and use them in small amounts to increase and ask for Increases

Do not need to pay $5k to learn this

Wayne Brooks · Answer

@Jesse Dickens This sounds like one of those “programs” where they just apply to different vendors (Home Depot, staples, etc), not actual cash lines of credit….and they charge you a fee for it (maybe 10%) for these trade accounts that obviously you could have gotten yourself.

Account Closed · Answer

Hi,

I know a company that can improve your capital with a credit card. I use them to improve my capital.

I can connect you if you want.

Sabuj Banerjee · Answer

@Jesse Dickens - I recently came across this and have a call setup with someone from Jeff's team this week. I am curious if you ever joined their program and if you have, what has your experience been so far? Please advise.

Jesse Dickens · Answer

Wow, not great reviews. Thanks for sharing!

Jesse Dickens · Answer

@Luka Milicevic They can liquidate the cards for you (for a fee of course) so you can make purchases with cash.

Amir Khan · Answer

@Jesse Dickens I am not familiar with this course. However, by googling I found few reviews at BBB: https://www.bbb.org/us/az/temp...

Has anyone used Credit Stacking to build business credit?

Has anyone used Credit Stacking to build business credit?

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