PNC Biz line of credit approved

[bizcredit11]

Paying down some debt...not everyone has 850 scores! I'm only going to get to 779 or thereabouts.

You might have to wait a bit.

That is some serious exaggerating, but I find it humorous.

bizcredit11

[bourgogne]

hey, vicarious thrills are as close as I get here so I am ready to pull the trigger for you!  my ax prime cut yesterday, no points until I make a payment, that is sort of anti climatic.  you have a car or home loan in play, right?

[bizcredit11]

@Backwoods 

Please chime in.

@Bourgogne

He needs some stimulation. Wine and bourbon is just not doing it for him.

No car and loan in play here. Just a very old student loan.

You need another hobby!

bizcredit11 

[bourgogne]

trust me, i don't need another hobby ha-ha.  cars, alcohol & travel keeps me plenty busy.  and that darn lawn

[bizcredit11]

Seriously, don't you think it's strange only 3 (that I know of) have been approved for this LOC?

@Bourgogne

@UncleB

@Backwoods

Appears to be one of the best business LOC's that you could apply for and use.

Are you interested in any other PNC products?

[bourgogne]

seriously, don't you think it's strange that I only hijack threads and don't start my own lol.  didn't know that UB got one as well, very nice.  I guess 3 is a pretty low #.  I think that loans are more popular than locs, I mean when you need a wad of $ its loan time, no?  to me it seemed to good to be true but I will say that even @ 4.99 the % can really add up quick if you carry a balance for a period of time.  edit, re other products, no - the wallet and this are good enough.  unless chase comes out with some magical card I cannot see adding to my quiver anytime soon

[bizcredit11]

@4.99% if that is a LOC or loan it doesn't get any/much better than that! Personal experience?

Chase is your go to?

[bourgogne]

right, 4.99 is darn good at this point in time.  I did not want origination or maintenance fees.  i really wanted a simple process and to not jump through hoops.  I would have done poi or returns if I had to but I really did not want to mess with it all.  yeah, chase is my bank.  I was ready to start the process and then the pnc thing came up.  i think I was at the bank, the guy gave me the paperwork to fill out and that night the pnc thing happened.  I really didn't want to fill out anything, chase has everything all ready.  they are a big bank.  pnc does it more on a handshake.  the people in lending are all young.  they don't play games.  chase is cards, building loans, private banking and mortgages imo.  I just like the pnc vibe and how they do things, you will know what I mean shortly.  hope they come out to la

[bizcredit11]

Looks like @WayneSki

got a 20k LOC from PNC some 6 months or more and has developed a good banking relationship too.

How is that LOC working out for you? Would you still rate it over your credit union?

Thanks for any DP's,

bizcredit11

[bourgogne]

lol here I am thread stealing but you have to be kidding, pnc vs any cu?  I am with nfcu and penfed and they are toy banks vs pnc on every level, product offerings, cust service, you name it.  pnc is a 400b operation, they are over 4x the size of nfcu.