topic Re: Uline Net 30 Question in Business Credit

Uline Net 30 Question

Anonymous — Tue, 13 Mar 2018 17:39:11 GMT

just ordered on the net30 credit. Im new to business credit, am I to just pay off the next day or wait a period of time? Also How often do I need to buy stuff from them?

Frankly their stuff is overpriced but worth while i suppose to get my foot in the door lol

Re: Uline Net 30 Question

Getnupthere — Thu, 22 Mar 2018 01:28:16 GMT

Pay it off 10-20 days after you receive your order. Order at least $50.00 worth of product(s) not including shipping cost.

Re: Uline Net 30 Question

jl4 — Thu, 22 Mar 2018 16:45:36 GMT

Based on some annecdotal notes I took down one time when I was considering starting a buisness, the rough scoring model for payments is something like:

- Early: 100

- Early w/in discount period: 90

- On-time (last day of terms): 80

- 14 days after terms: 70

and it goes down from there. I don't know if that's exact but I definitely agree that 10-20 days will likely land you in that sweet spot for a 100.

Re: Uline Net 30 Question

Anonymous — Thu, 22 Mar 2018 21:31:35 GMT

based upon some real world experience

if you are paying at any time other than late on accounts that report to DNB, you will have an 80

Re: Uline Net 30 Question

Anonymous — Fri, 23 Mar 2018 05:41:00 GMT

Is $50 threshold a Uline thing or a Credit Reporting Agency thing? Thanks.