cancel
Showing results for 
Search instead for 
Did you mean: 

Whoa Nelly! Floor and Decor No PG Approved, Monster Limit of $14,500

chalupaman
Community Leader
Super Contributor

Whoa Nelly! Floor and Decor No PG Approved, Monster Limit of $14,500

This is not a drill. They instantly approved me for this card. I'm shocked. I only asked for $5k thinking I wouldn't qualify for much at all. I only have 4 accounts reporting on my business credit reports according to Nav. 7 on DnB, 4 on Experian, and 2 on Equifax. The one that I'm still paying on and reporting every month is from Nav.com. Although I've had my business in name since 2016, I've only had it as an LLC since November 2019, so it's now been officially two years! 

 

I also tried for Amazon Net 55 again but got a pending message, so I think it's another denial on that one. 

 

But whoa, I wonder what other no PG accounts I can try now. 

 

Paydex score is 80. Experian is 86. Equifax is 414. 

 

WOW.jpg

Tradelines: Macy’s - $18k, Penfed Power Cash Rewards - $10k, Ethan Allen (TD Bank) - $5.7k, Kay Jewelers - $5.5k, Appliances Connection - $5.3k, Jared - $5.25k, Best Buy (Citi) - $5k, Dell Preferred Account - $3.5k, Samsung - $3.2k , Capital One Platinum - $3k, Firestone CFNA - $2.4k, Mercury MC - $2.25k, Williams Sonoma - $2.1k, Wayfair (Fortiva) - $2k, Amazon Store Card - $1.8k, Apple Card - $1.7k, NFCU cashRewards - $1.5k, CareCredit - $1.5k, B&H Photo - $1.5k, Adorama - $1.25k Amex Delta Gold (AU) - $1k, Ebay MC - $500, Sam’s Club MC - $1k, American Eagle - $1k, Ollo MC - $600, Mission Lane Visa - $500, NY & Company - $500, Walgreens - $500, Home Depot - $500, Target RED Card - $500, CapOne Secured MC 0 AF - $500, Penfed Overdraft LOC - $500

Current FICOS: EX - 689, EQ - 671, TU - 676
Ch 7 BK D/C Aug 2019
Starting scores: EX - 534, EQ - 574, TU - 516
Total TLs: $88.4k
Total Utilization: 11%
Message 1 of 5
4 REPLIES 4
BizCreditHunter
Valued Member

Re: Whoa Nelly! Floor and Decor No PG Approved, Monster Limit of $14,500

I just did the same thing today, seeing yours. Asked for $20,000 and received $20,000.

 

Thank you!

 

Paydex score is 75. Experian is 82. Equifax is 431.

Message 2 of 5
MmmarkAz
Regular Contributor

Re: Whoa Nelly! Floor and Decor No PG Approved, Monster Limit of $14,500

@chalupaman  Whoa! Nice SL and No PG.. Congrats! 😃

I Got Denied from Sam's Club Biz MasterCard Last Week, Letter Said Not Enough Biz Credit, How Do I Get My Biz EX, EQ and D&B Scores? Thanks!

Fico8s EX 733 EQ 752 TU 773
Started 10/16 Ex 593 EQ 605 TU 620

Home Depot 25k
ICCU Premier Rewards Visa 20k
America First CU Signature Rewards 20k
PenFed Gold Visa 11k
FNBO World 13.6k
BMO HARRIS Cash Back 11.5k
Citi Double Cash. 6.3k
CITI Simplicity 3.8k (PC'd to Rewards+ 6/21)
BofA Cash Rewards 4k
Amex Hilton Honors 3.1k
Amex BCP 1k
Discover It 1k
Lowe's Advantage 4100.
Business Cards
Amex Business Lowe's 3k
Amex Blue Business Cash 13.8k.
BMO Harris Biz Platinum Rewards 7.5k
Lowe's 4 Pros 6k
US Bank Biz Cash Rewards 3k
Message 3 of 5
BizCreditHunter
Valued Member

Re: Whoa Nelly! Floor and Decor No PG Approved, Monster Limit of $14,500

@MmmarkAzwe received a no-PG Sam's Club Mastercard (Type 1, lowest rate) after 1-year of building business credit. If you refer to the link below, you'll see that journey. We obtained one Sam's Club MC for another business, but it was PG, but when I was out in Las Vegas at a conference, of all places, decided to take a gamble and go  into Sam's Club and apply for the no-PG again. We were approved instantly for $14,000 with no-PG.

 

You have to find business lines of credit that report to the various business credit bureaus. A PAYDEX of 80 is surely a good thing, but having a decent EX and EQ business score is likely necessary as well. When we received the $14K Sam's Club, we had decent scores (see the thread). For what it's worth, we're started moving away from all these different credit lines (as someone had noted would happen in that thread). Our bank has been "okay" and we started leveraging American Express more.

 

I used to subscribe to Experian Intelliscore and Equifax Business, but now just subscribe to Nav (nav.com). I pay the $39.99/month for business credit monitoring. Plus with the Nav+ account, they report to Experian.

 

My old thread which includes the Sam's MC No-PG: https://ficoforums.myfico.com/t5/Business-Credit/Business-Credit-Adventure-UPDATED/td-p/5104971

Message 4 of 5
MmmarkAz
Regular Contributor

Re: Whoa Nelly! Floor and Decor No PG Approved, Monster Limit of $14,500

@BizCreditHunter Thanks for All the Info! I just Started Getting My Biz Credit 6mos Ago, but Sole Proprietor for 10yrs.. and Haven't Got an EIN number yet, Sam's Did Ask for One, but didn't Run My Personal, Luckily.. I'm Building a Sml House This Year and My Utilzation is Only 18-20%

I Did One Last Year and Utilzation was 99% & Scores Dropped 150 Points.. Thanks to Everyone Here and Biz Cards Have Really Helped.. I Will Check into what you Recommended..

Thanks Again! 

Fico8s EX 733 EQ 752 TU 773
Started 10/16 Ex 593 EQ 605 TU 620

Home Depot 25k
ICCU Premier Rewards Visa 20k
America First CU Signature Rewards 20k
PenFed Gold Visa 11k
FNBO World 13.6k
BMO HARRIS Cash Back 11.5k
Citi Double Cash. 6.3k
CITI Simplicity 3.8k (PC'd to Rewards+ 6/21)
BofA Cash Rewards 4k
Amex Hilton Honors 3.1k
Amex BCP 1k
Discover It 1k
Lowe's Advantage 4100.
Business Cards
Amex Business Lowe's 3k
Amex Blue Business Cash 13.8k.
BMO Harris Biz Platinum Rewards 7.5k
Lowe's 4 Pros 6k
US Bank Biz Cash Rewards 3k
Message 5 of 5
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.