Okay so at [ 11:42 ] when he says his favorite charge cards were the business plum and gold because it gives him 30 extra days to pay it back. Does that mean if he just pays regularly every month at 30 days then that's him basically paying it early as in like two times a month or no?
Jack, thanks for the value, brother! Lots of practical insight. I’ve been dabbling in the credit card game for the last year for welcome bonus’ / travel, but NEVER considered using them as a way to get capitol with low interest rates. Genius.
Just started working on my business credit, There is Placer GOLD in this video!! THANK YOU!! Definitely learned of some terminology and processes I did not even know existed! I have my Duns#, will be applying for Biz CC's and Net 30 Vendor accounts over the next 30 to 60 days
Hey Jack AWESOME JOB 👏🏼 on the podcast with Ryan 😎 I’m an owner of a 2 1/2 year old LLC in the LTL general freight transportation logistics industry aka “trucking business” and I’m also building up my “Exporting Management logistics “ operations under the SAME EIN ..I’ve got a few NET 30 vendor accounts and 2 fleet fuel cards and I’m just READY to get going with a Business credit card for cash/credit card accounts like with US Bank, Chase, Bank of America, Credit Unions, ETC I’m looking into joining your mentorship program after booking a a call with your “Director of Enrollment” he was VERY knowledgeable and helpful to take the NEXT STEPS to see my company get to the 3 year mark and then to the 5-7 year mark
I buy a lot of stuff on Amazon with my Prime Rewards credit card. Since I get 5% cash back on Amazon purchases, and 1-2% on other purchases, I usually earn about $70 a month in cash back. Also, I never pay interest because I pay off my balance the minute the transaction clears (every 48 hours on average).
Omg I'm thinking the same thing as I'm listening to this. The name of this podcast is "Wealthy Way" yet he keeps repeating how bad his credit is and how little he knows about credit. Why would anyone take advice from this doofus? The guest tho really knows his $h!t, nugget after nugget
There are levels to the credit game. The guest play the game at a higher lever. Things like manufactured spending, travel hacking, etc…You can have a platinum and not understand certain aspects of the credit game. It can get deep.
Regarding the liquidating credit card limit into cash using Melio via your friend's merchant invoice, your friend would have to pay tax on capital gain from the cash they'd received from Melio for nothing. How would you go about that? the cost of borrowing money is then became 3% + tax on borrowed money. I'd like to know the after story.
Hello I need some information I opened a quick savor card with capital one a year ago and on my date they gave me my $200 deposit back I always paid on time so I guess that was a good thing. Well I want to know what happens now?
I don't think any bank is giving an auto loan without verifying that you actually bought a car. Navy federal will turn that auto loan into a personal loan with all the interest of a personal loan..if they don't receive the TITLE in 30-90 days. It's a loan so the bank will require the TITLE the car belongs to the bank until you pay it off. If u can flip the money before the bank starts harassing for the title then by all means go for it.
I had a horrible time with credit cards in my twenties. But in my 50s I'd become an expert with cash back cards. I get about $300 a year in cash back and I use it for fun stuff that I would never normally purchase. I rarely use my debit card because it has no benefits and it has less protection from fraud.
Was in Jack's program. Would not recommend. Worst customer service I have experienced, multiple times it took weeks to get a response to an email or text.
@@rafaelgomez1989 I do have somebody (not me lol) who can help you with the same thing with better service. Let's connect if you're interested. Of course no pressure either way.
Defi and Crypto, not a safe space, as of Dec 2022, crypto is not doing well, most coins down over 50%, how you gonna pay back those credit cards? Very interesting interview, the gentlemen in the green shirt is arrogant, needs to come down a few notches. Thanks for the credit info, very insightful, would be great to see more examples of what you do with that money from biz credit. Crypto is not a good example, others besides RealEstate or ECommerce....
Do not pay for these programs on UA-cam they will get you to pay for mentorship just make sure you get EIN from IRS form a business entity and open business checking account is what I did before😎🚬
I signed up for his course and the admins on the facebook group never respond to questions. It’s all good Information but terrible execution on customer service.
Hey let me know man, I’ve been considering his course, would love some feedback. Did the bank relationship manager connections help? That’s the main reason I was probably gunna do it
RYAN! YOU ARE LEAVING SUBSCRIBERS ON THE TABLE. ADD A 10 SECOND CLIP to the end of your vids here sayingg podcast is yere now. (Lead to channel). Also, include links in the descriptions/ more area!!!!!
📌 *Nice video, love how you take your time to educate your viewers. You gave me the mindset to invest my savings now I have made profits over $120k Right now and still making more , I am enjoying a good life with what I made investing. Indeed ‚building a Portfolio income (investing) through a licensed investment adviser is one out of many ways to earn passive income.*
@God’s Plan *I got Jessica Madilyn McMain recommendations on ABC News in December 2022 and started following her lead and made $23,450 in two week. Lost my job in April 2022 and right now I'm back on top again and I always win with her guidance.*
She is also my personal trader, crypto analyst and account manager. With an initial invested capital of $8000,it yielded returns of over $36000 within two weeks of trading. I was really impressed by the profit Actualized
Great value here. I have over 20k value credit cards but I have not been using them. I recently got one of 15k credit line and used the entire credit to purchase a funding program now I'm a bit nervous wondering if my investment does not yield on time.
So even though applying for a business card makes you enter personal information too. That does not hurt your personal credit? I literally just applied for one, did not get approved, so now I’m waiting to see if that inquiry will hurt my credit.
your inquiry will lower your credit slightly for a short period of time, but will fall off quickly. business credit doesn't report to personal credit so if you have high utilization, your personal credit isn't affected. the only way business credit can hurt your personal credit is if you do not pay your minimum monthly on time
Interviewer seems mad inexperienced and just not prepared for this interaction. I feel like there was so many potential gems in this pod, and it just wasn't brought to the surface. Love what you're doing here but just need to optimize how you're doing it. Respect tho 👏
Wrong information at 8:55 . Business credit cards DO in fact report to the business credit bureaus. You DO NOT need to get vendor net 30 accounts to build if you have business credit cards….annnd that’s where I’ll stop watching the video lol.
I don’t trust white people with man buns😂 IDK how much Thor charges for his program, I found it easier to buy shelf corporations a few years ago probably wouldn’t do it now because of people like this teaching people wrong 😎🚬
@@hersheywalker6447 white ppl with man buns! LOOOOLLLL . My personal opinion is that ppl just just work hard on cleaning up their personal credit and just PG their business credit cards..it’s a win/win for both sides long term.
Very true, you don't need vendor accounts for biz credit and biz cards report to biz credit reports and sometimes your Personal. Equifax and Experian are more important to your business than D&B. Do your home work. And great comment!
Host spent too much time talking about himself knowing nothing about credit and not enough just letting the guest talk. Also have some prepared questions. It got palpably awkward toward the end. This Jack dude def knows his $h!t tho
This video dropping gemstones 💎. Couple of topics for me to look up. Business credit is the way 2 go.
Okay so at [ 11:42 ] when he says his favorite charge cards were the business plum and gold because it gives him 30 extra days to pay it back. Does that mean if he just pays regularly every month at 30 days then that's him basically paying it early as in like two times a month or no?
How are there not more comments or likes on this video?! This is such gold! TFS
Glad you think so!
Ive seen some discouraging reviews about Jacks course. I wish someone else who has used his course would comment
Awesome! Stoked to for the opportunity to speak to your subscribers. Hope everyone received some value! Thanks Ryan. Cheers
Jack, thanks for the value, brother! Lots of practical insight. I’ve been dabbling in the credit card game for the last year for welcome bonus’ / travel, but NEVER considered using them as a way to get capitol with low interest rates. Genius.
Just started working on my business credit, There is Placer GOLD in this video!! THANK YOU!! Definitely learned of some terminology and processes I did not even know existed!
I have my Duns#, will be applying for Biz CC's and Net 30 Vendor accounts over the next 30 to 60 days
Thanks for being on the show!
Hey Jack AWESOME JOB 👏🏼 on the podcast with Ryan 😎 I’m an owner of a 2 1/2 year old LLC in the LTL general freight transportation logistics industry aka “trucking business” and I’m also building up my “Exporting Management logistics “ operations under the SAME EIN ..I’ve got a few NET 30 vendor accounts and 2 fleet fuel cards and I’m just READY to get going with a Business credit card for cash/credit card accounts like with US Bank, Chase, Bank of America, Credit Unions, ETC I’m looking into joining your mentorship program after booking a a call with your “Director of Enrollment” he was VERY knowledgeable and helpful to take the NEXT STEPS to see my company get to the 3 year mark and then to the 5-7 year mark
@@WealthyWayPodcast joined the Credit Stacking mentorship from this podcast! Let’s go!
I buy a lot of stuff on Amazon with my Prime Rewards credit card. Since I get 5% cash back on Amazon purchases, and 1-2% on other purchases, I usually earn about $70 a month in cash back.
Also, I never pay interest because I pay off my balance the minute the transaction clears (every 48 hours on average).
How's the host not understand credit, especially when he has AMEX Plat cards ? Dangerous game! But I'm glad he learned a bit more than he knew.
Omg I'm thinking the same thing as I'm listening to this. The name of this podcast is "Wealthy Way" yet he keeps repeating how bad his credit is and how little he knows about credit. Why would anyone take advice from this doofus? The guest tho really knows his $h!t, nugget after nugget
There are levels to the credit game. The guest play the game at a higher lever. Things like manufactured spending, travel hacking, etc…You can have a platinum and not understand certain aspects of the credit game. It can get deep.
U need friends like this guys
How do I get information about the e-commerce? I don’t see it on your page to click the link.
Regarding the liquidating credit card limit into cash using Melio via your friend's merchant invoice, your friend would have to pay tax on capital gain from the cash they'd received from Melio for nothing. How would you go about that? the cost of borrowing money is then became 3% + tax on borrowed money. I'd like to know the after story.
?
Your friend is going to prison 😎🚬
Your friend then returns/refunds the money with receipts so they can show the IRS and it's all legit and legal
Hello I need some information I opened a quick savor card with capital one a year ago and on my date they gave me my $200 deposit back I always paid on time so I guess that was a good thing. Well I want to know what happens now?
Great content. Thanks for the information.
Glad you enjoyed it!
Anyone else started off the podcast with black screen?
Yes.
Yes lol ! I kept clicking and tapping . Thought it was my phone ! Lol
Me
Do these limits and strategies apply to Sole Proprietorship?
100x Better to use a LLC or Corporation. Keep business and personal separate
I don't think any bank is giving an auto loan without verifying that you actually bought a car. Navy federal will turn that auto loan into a personal loan with all the interest of a personal loan..if they don't receive the TITLE in 30-90 days. It's a loan so the bank will require the TITLE the car belongs to the bank until you pay it off. If u can flip the money before the bank starts harassing for the title then by all means go for it.
I wonder if I could receive some training how to leverage them all without running to trouble.
Did anybody watch the video he deleted today? With the grill that’s being made ?? All I saw was the video cover of the grill
I had a horrible time with credit cards in my twenties. But in my 50s I'd become an expert with cash back cards. I get about $300 a year in cash back and I use it for fun stuff that I would never normally purchase. I rarely use my debit card because it has no benefits and it has less protection from fraud.
Congrats! Have you considered having a UA-cam or TikTok series on how you accomplish this? I think it will be popular!
@@l1tlelady1 I have considered and I am still considering 🙄❤️. It was rough.
Wow! So amazing.
What’s crazy about jacks commercial credit at zero interest commercial, is that he is actually crazy 🤦🏻🤦🏻😂
31:29 no fing shot dude will turn 650,000 points into 50,000 grand in travel value
Does anyone know the companies you can use to liquidate higher dollar credit cards? Say $20k
That line up is hurting my feelings
Dont they have to pay taxes if youre friend or family members invoices you?
Super valuable info
Glad you think so!
Was in Jack's program. Would not recommend. Worst customer service I have experienced, multiple times it took weeks to get a response to an email or text.
I was considering it ( $8K program price ) so you would say a definite no ?
@@rafaelgomez1989 Definite No
@@robinharris7058 Thank you so much, very appreciated !!!
@@rafaelgomez1989 I do have somebody (not me lol) who can help you with the same thing with better service. Let's connect if you're interested. Of course no pressure either way.
It says alot that neither the host or guest replied to this comment
Did anyone do it in Canada?
Defi and Crypto, not a safe space, as of Dec 2022, crypto is not doing well, most coins down over 50%, how you gonna pay back those credit cards? Very interesting interview, the gentlemen in the green shirt is arrogant, needs to come down a few notches. Thanks for the credit info, very insightful, would be great to see more examples of what you do with that money from biz credit. Crypto is not a good example, others besides RealEstate or ECommerce....
I ran short positions the whole 2022. Fk investing ... swing trade only and scalping
Peace and love how do you get in contact with a relationship manager?
Pay for the program, never pay for a mentor, never
Any good cards for net45 or net60?
Plum
Why do I even pay for UA-cam premium if I’ll still get ads 😕
😂😂
So much value! Thanks Ryan. Whats the profit split for you and I in your e-comm business?
How do you find a seasoned merchant processor?
Do not pay for these programs on UA-cam they will get you to pay for mentorship just make sure you get EIN from IRS form a business entity and open business checking account is what I did before😎🚬
Did you find one? I’m in search of one also.
Whats the max amount they let u do on a fresh merchant account before they shut it down ?
I signed up for his course and the admins on the facebook group never respond to questions. It’s all good Information but terrible execution on customer service.
How much was the course? Was the other info you got from it worth it?
Hey let me know man, I’ve been considering his course, would love some feedback. Did the bank relationship manager connections help? That’s the main reason I was probably gunna do it
$7,800 down the drain IMO
@@alextester7875 appreciate you saving me from it man
Thanks, saved me some $$$
RYAN! YOU ARE LEAVING SUBSCRIBERS ON THE TABLE. ADD A 10 SECOND CLIP to the end of your vids here sayingg podcast is yere now. (Lead to channel). Also, include links in the descriptions/ more area!!!!!
50 cards maxed out at the average of what APR on purchases or is he paying them all off monthly?
Max out, pay off 5 days before due date, max out, pay off 5 days before due date... etc
Cash is king
Credit is queen
Sheeesh ♥️
Bummer that I keep getting cut off on the podcasts and pushed here
Very good
Favorite cards 14:14
📌 *Nice video, love how you take your time to educate your viewers. You gave me the mindset to invest my savings now I have made profits over $120k Right now and still making more , I am enjoying a good life with what I made investing. Indeed ‚building a Portfolio income (investing) through a licensed investment adviser is one out of many ways to earn passive income.*
@God’s Plan *I got Jessica Madilyn McMain recommendations on ABC News in December 2022 and started following her lead and made $23,450 in two week. Lost my job in April 2022 and right now I'm back on top again and I always win with her guidance.*
She is also my personal trader, crypto analyst and account manager. With an initial invested capital of $8000,it yielded returns of over $36000 within two weeks of trading. I was really impressed by the profit Actualized
@@melissastone434 Please, How can reach her?? I want to invest please, think this is the opportunity I've been looking for
@@lindaroberts650 Oh yeah She is always active on whats-app
人人人人人人人人人人人人
＋𝟭𝟮𝟬𝟱𝟯𝟰𝟭𝟳𝟮𝟮𝟴 人人人人人人人人人人人
人人人人人人人+ copy it this way UA-cam is frustrating😡
My whole life I've always had more wherewithal then credit 😂
This was a really great interview!
Glad you enjoyed it!
So you have 50 in total, 5 personal credit and 45 business in last 2 years 🤔
I find it hard to believe
If you know the method to stack them, it’s totally doable
You can have multiple business accounts just know you are 100% liable for debt bankruptcy is very different than personal
Great value here. I have over 20k value credit cards but I have not been using them. I recently got one of 15k credit line and used the entire credit to purchase a funding program now I'm a bit nervous wondering if my investment does not yield on time.
Can we get a special discount for Lunar Ecom?
Some business cards do actually report on your business credit
True, it's rare but Capital One Spark does
How’s that crypto investment on biz credit doing?
Everyone on UA-cam is protected by their cartoon disclaimer that they are not financial advisors and the DYOR clause😎🚬
Blame Elon😂
This guy looks like the Highlander guy!
😂😂
Anyone has feedback from taking his course ?
I saw a comment at the top saying he never got a reply after paying so it was a scam , the course is 7k plus
@@bellajlo4128$7,995
So even though applying for a business card makes you enter personal information too. That does not hurt your personal credit?
I literally just applied for one, did not get approved, so now I’m waiting to see if that inquiry will hurt my credit.
Call the reconsideration line for the bank you applied at
your inquiry will lower your credit slightly for a short period of time, but will fall off quickly. business credit doesn't report to personal credit so if you have high utilization, your personal credit isn't affected. the only way business credit can hurt your personal credit is if you do not pay your minimum monthly on time
Try getting an EIN from the IRS first then open tradelines you’re welcome good luck😎🚬
@@hersheywalker6447 I have one
@@jarredburt just don’t spend a ton of money with courses and fake gurus
Some interesting information. Credit repair like he mentioned is fraudulent. What are your thoughts on that?
Is he still into crypto as an investment?
Interviewer seems mad inexperienced and just not prepared for this interaction. I feel like there was so many potential gems in this pod, and it just wasn't brought to the surface. Love what you're doing here but just need to optimize how you're doing it. Respect tho 👏
What is the guy that does travel points @
travelliketommy
I got a 1099 from PayPal last year because I ran a 70k project through Angie's 0 fee promo...
You’re going to prison😎🚬
So many ads
Do you speak Spanish ? And why can’t you ever show us some Cuban food or something haha your at Publix quite a bit
👍🏾
This guy doesn’t understand what a pledge loan is
Wrong information at 8:55 . Business credit cards DO in fact report to the business credit bureaus. You DO NOT need to get vendor net 30 accounts to build if you have business credit cards….annnd that’s where I’ll stop watching the video lol.
I don’t trust white people with man buns😂 IDK how much Thor charges for his program, I found it easier to buy shelf corporations a few years ago probably wouldn’t do it now because of people like this teaching people wrong 😎🚬
@@hersheywalker6447 white ppl with man buns! LOOOOLLLL . My personal opinion is that ppl just just work hard on cleaning up their personal credit and just PG their business credit cards..it’s a win/win for both sides long term.
Very true, you don't need vendor accounts for biz credit and biz cards report to biz credit reports and sometimes your Personal. Equifax and Experian are more important to your business than D&B. Do your home work. And great comment!
@@dominicgerodano5481 thanks!
Host spent too much time talking about himself knowing nothing about credit and not enough just letting the guest talk. Also have some prepared questions. It got palpably awkward toward the end. This Jack dude def knows his $h!t tho
Unbearable to watch because of the ads. I've had 7 ads play in the first 11 minutes. Joke
This sounds asinine !
i don’t like this guy
Jack can you do this for multiple LLC’s??
Definitely!