#shorts

Do you want to have access to more money in the future for your business or investments? Here's a money hack: build up your credit limits!

Banks will only give you money if they can see that you're capable of managing credit. So if you only have a $1,000 limit, you're not going to be able to get a $50,000 loan.

A quick hack to build up your credit limits is to apply for a push-through line of credit with a higher limit. This will increase your other limits and set a benchmark for new, revolving accounts.

As a result, you'll have an easier time applying for loans when you need a significant amount of money for business expansion or investments.

#businessloans #entreprenuer #businessmindset #wealthmindset

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