Developing a LOC - Posted by Chris O. (WA)

Posted by Shyan on January 31, 2002 at 24:29:06:

Try applying for credit cards from companies like
Capital One, Providian, Next Card. They have higher interest rates but will extend credit to people with no credit history or bad credit.

I am looking to network with other real estate investors in WA Seattle area. my email is

Hope this helps

Developing a LOC - Posted by Chris O. (WA)

Posted by Chris O. (WA) on January 28, 2002 at 02:59:06:

How do I start building a line of credit so I can get lender financing if I need to?

When I moved into this apartment from living at home six months ago, they told me I had “no credit history.” When I apply for credit cards, I get application-denied letters sent back saying things like, “INSUFFICIENT CREDIT EXPERIENCE.”

It’s seems to me that this is something I should work at all throughout my real estate education, starting immediately.

One more thing: I’m told there is “commercial” credit and a personal credit. What does that mean, and how should I take that into consideration when trying to build credit?

Thanks for your patience,
Chris O.