- Joined
- Dec 5, 2007
- Messages
- 2,880
Hi,
A banker offered me new business visa 50K limit with good conditions. I know having a LOC is critical for success or at least for risk minimization.
is the same rule of thumb works for Visa - accept and apply when offered?
I was offered good conditions - prime plus 1.5%, 50K. (currently I don`t even need it)
Visa cash advance is expensive and that is the source of my dilemma. is it still a good idea to have reasonable visa limit (or more than one visa card) like it is with LOC?
THANKS.
A banker offered me new business visa 50K limit with good conditions. I know having a LOC is critical for success or at least for risk minimization.
is the same rule of thumb works for Visa - accept and apply when offered?
I was offered good conditions - prime plus 1.5%, 50K. (currently I don`t even need it)
Visa cash advance is expensive and that is the source of my dilemma. is it still a good idea to have reasonable visa limit (or more than one visa card) like it is with LOC?
THANKS.