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What should I do !!!

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What should I do !!!

Hello, I have a few questions hopefully someone out there can help. I have a amex gold card that has a balance of about 10k. I am self employed  and love using my card for personal and business use but just recently they have sent out a preapproved letter for the business card should I put myself in more dept or pay down the balance I'm carring now and try later.
Message 1 of 8
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Frequent Contributor

Re: What should I do !!!

Available Credit does NOT equal debt.

I don't think AMEX business cards show up on your personal report unless you default on it. I'd take it in a heartbeat if you can get approved for it.

Pre-Approved also does NOT equal Approved...

Message Edited by db23 on 08-13-2007 05:14 PM
Message 2 of 8
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Member

Re: What should I do !!!

I took your advice I GOT IT!!!
Message 3 of 8
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Member

Re: What should I do !!!

oh yeah pre approved !!!
Message 4 of 8
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Frequent Contributor

Re: What should I do !!!



@deannaboo wrote:
I took your advice I GOT IT!!!



That's great! Did they tell you your CL?
Message 5 of 8
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Member

Re: What should I do !!!

no  theres no limit .its based on your spending paterns.
Message 6 of 8
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Frequent Contributor

Re: What should I do !!!

Ahh ok. Congrats on the approval!
Message 7 of 8
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Moderator Emeritus

Re: What should I do !!!

keeping the business and personal stuff seperate should make tax season easier too.
Message 8 of 8
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