The Code To Winning - THE 'DEBT' KING: LEGALLY CHEAT THE SYSTEM TO GET BUSINESS FUNDING WITH 0% INTEREST || JACK McCOLL || EPISODE 041

Episode Date: July 14, 2025

What if you could grow a six-figure business empire using other people’s money—with zero percent interest? Jack McColl, famously dubbed the “King of Debt,” did exactly that. In this eye-opening episode, Jack reveals how he strategically secured over $300,000 in 0% interest business credit and transformed it into a launchpad for multiple ventures, luxury travel, and complete financial freedom. This isn’t just theory—it’s a blueprint he’s lived by, and now he’s sharing it all.   This conversation dives deep into Jack’s remarkable journey—from being a bootstrapped entrepreneur with a big vision to building a credit empire worth over half a million dollars in just 14 months. He breaks down exactly how he used business credit cards to not only fund startups but also to travel the world in first class, rack up massive credit card rewards, and reinvest capital without touching his own savings. His method, known as Credit Stacking, is flipping traditional financing on its head.   More than just cards and credit scores, also shares the tactical game plan: how to build a bulletproof personal credit profile, the exact banks and cards to target, and how to develop relationships with financial institutions like Chase, American Express, and Wells Fargo, Bank of America. You’ll also learn the do’s and don’ts of applying for business credit, how to avoid common traps, and why most people leave hundreds of thousands on the table without realizing it.   This episode is a goldmine for aspiring entrepreneurs, real estate investors, and anyone looking to scale without giving up equity or going into high-interest debt. Whether you’re launching your first business or optimizing a growing portfolio, The methods offer a rare, strategic advantage in a financial system that rewards those who play it smart. Don’t miss this opportunity to tap into one of the most innovative minds in business credit. Jack has helped thousands secure $100K to $200K in funding—without tax returns, without collateral, and without years of experience. If financial freedom is on your radar, this episode is your fast track to making it real.

I've been an entrepreneur for the last 11, 12 years, and every business venture taught me a different way to fund business. And I remember when I first started when I was 18, 19, 20 years old around that time. It was very difficult to start a business and scale a business because that didn't have money. That first business did turn a profit, but it was very slow growth. And the lesson I learned from that, that business venture was you can succeed in business if you're self-funding, but it's just so much more difficult because of the slow growth. if you don't have money to inject into the business. I then learned about the most amazing business funding product I think there is. And it's zero percent interest business credit card.

And these cards are 0% for the first 12 to 18 months. I learned some awesome crazy things about them, like that you don't need to show tax returns to get approved for them. You don't need to have proof of income. You can do this on a new business. You get higher limits on business credit cards than on personal credit cards if you know how to do it. And business credit cards don't report to your personal credit.

profile, which means you can max the business credit card out and it doesn't negatively affect her score unless you're... Ladies and gentlemen, welcome to another episode of the Code 2 winning insights you need today to seize the world tomorrow. Again, we have a real treat. We keep spoiling you guys with amazing treats. I hope you guys have subscribed to the channel before I gave you a brief introduction of our guests today.

If ever you're a small business owner, if ever you're an entrepreneur, one of the hardest things you can do is secure funding for your business and what you're starting off as well. Today's guest is going to break down the fundamentals and the importance of securing funding for you and your business today. So if ever you guys are curious about that thing, this is the episode for you. So without further, due to the founder and the CEO of Credit Stacking, Jack McCall, great honor brother. Awesome. What's up, KG? Awesome. It is great to be here.

I want to make sure this episode is as value-packed as possible. I'm going to take the curtain back, open the door. We're going to talk about some really good strategies to help you and your viewers get access to capital so they can start their business or scale their business. I love that so much. And I think that's a very important thing. I think I kind of broke it down. Many people, I always have an idea, great ideas, but one of the hardest things people

can actually go through is securing funding as well for business. But before we begin, like how did you start this thing off for yourself? Yeah, so I've been an entrepreneur for the last 11, 12 years, and every business venture taught me a different way to fund businesses. And I remember when I first started when I was 18, 19, 20 years older around that time, it was very difficult to start a business and scale a business because I didn't have money. I had a few grand. We put some money in the bank account, and it was just very hard to gain traction if you're only starting a business with $2,000 to $5,000. dollars. But fortunately, I pushed really hard, and that first business did turn a profit, but it was very slow growth. And the lesson I learned from that business venture was you can succeed in business if you're self-funding, but it's just so much more difficult because of the

slow growth if you don't have money to inject into the business. And so the second business venture I had, I knew I needed access to more money so I can move quicker. Because once you scale a bit through economies of scale, things to a degree can get easier than just being a very small show. So the next, I brought on an equity partner, and that equity partner brought the money, and I did the work. Long story short, I brought on the wrong equity partner, had to buy that partner out. It was a pretty big disaster for us, but it did show me that I could move quicker when I got access to a whole bunch of money. I just had the wrong partner. So the next business, I brought on a loan. And so with that, that was actually a travel business where I organized trips

for university students down to Cabo. And we got a good bit of money and we bought hotel inventory up front. And that allowed us to, essentially, once we sold the rooms, it allowed us to take market share from our competitor. Six months after that, it led to an acquisition of our company. and then the epiphany there was it really became easier to succeed in business when we had access to more money because we could just move much quicker. And in this scenario, it took more market share and it led to an acquisition. At the end of the day, we were paying interest on the loan, which made it more difficult and increased the risk of succeeding because we had that pretty big interest bill. Next, I then learned about the most amazing business funding product I think there is. it's zero percent interest business credit cards. And these cards are zero percent for the first

12 to 18 months. I learned some awesome crazy things about them, like that you don't need to show tax returns to get approved for them. You don't need to have proof of income. You can do this on a new business. You get higher limits on business credit cards than on personal credit cards if you know how to do it. And business credit cards don't report to your personal credit profile, which means you can max the business credit card out and it doesn't negatively affect your score unless you don't pay it back. But while you're in good standing, you can have an 800 plus credit score and fully maxed out business credit cards. And so once I learned this and I really started to test different things, I became really good at getting super high limits, like 50 to 100,000

limits on a per card basis. So I did that for myself. And then I put that into different e-commerce drop shipping stores. I was doing several hundreds of thousands of dollars a month in revenue on one store. I had several other drop shipping stores that did really, really good. And this was like, this was a good moment for me in terms of I found the best business credit product that allows me to move quick in business, not have to bring on a partner, not give away equity, not pay interest, and it can help with the growth of the business. You just have to know how to do it correctly. And you have that 12 to 18 months, 0% period. So you just need to make sure you can pay it back in that in that period. You know, the reason I said that's going to be very personal for me when you

just broke that thing down now, I'm revealing something. I already told you guys that I'm going to Los Angeles next week. One of the stuff I'm meeting with an investor was willing to actually fund, I'm going to be hosting an event towards the end of the year, a massive big event, something very similar to like what podcasters are going to be doing, breaking down, like having an event, a very unique one that we have like drawn up the business plan and all there. two or three investors are going to be having a meeting with me. But after I watch your stuff, I'm like, maybe this could be a blessing in disguise because I'm like, hang on, like one of the hardest things is about getting partners in

and then trying to dictate or try and give their ideas when you actually have a specific idea of where you want to kind of go. You know what I'm saying? For sure. I mean, you can get lucky and bring on the right partner. But even like, you know, I have a business partner on multiple businesses and it's my brother and I'm so fortunate to have a good brother and a good business partner, but I've had bad partners in the past, and it is not an easy thing just to, you know, if you have different visions, it's very

difficult. So I've just learned over the years that, like, you know, giving away equity is not always ideal, getting family involved. Like if they're through a family loan, that can get messy if you don't, you know, pay them back or, you know, they want different terms, et cetera. And I just, I like to be on my own terms. And I like to, um, I like to, um, I like to, to push things very hard in terms of getting myself to the next level and really having the upper edge on strategies. So, like, if you go to school, I studied business at University of Washington, and they don't teach the two most important things in business, in my opinion, which is how to fund businesses and how to save money and taxes. Those are two things that I think

every business owner needs to be a master at is how to fund businesses and how to be really good a tax strategy. And I've only became an expert at those things six, seven years into entrepreneurship, which just blows my mind. You can go study business and you're not taught these things. And so when I started to teach other people the strategies that I just figured out, it was blowing people's mind just like it blew my mind. And then I realized no one was taught these strategies. Like it wasn't just me that didn't know the strategies. It's no one knows these strategies because, you know, maybe someone hasn't figured out. And so I did figure that I'm out. I basically, I reverse engineered the underwriting process in terms of, okay, what do the underwriters

want to see in terms of how to get a proof of these high limit cards? And it all comes down to the personal credit profile. They don't need to see business revenue. They don't need to see tax returns, no provable income. The business can be new. It does help if you have at least six months of age, but it's most importantly what the personal credit profile looks like. Not just a score, but what are the collective personal credit limits? How many personal credit cards do they have? What's the average age of the account? How many hard inquiries does the person have in the last six months? You want that to be low. And so I figured out what they're exactly looking for because I built relationships with these individuals called business relationship managers,

which help with applications. And then I started to test, like five years ago, I started to test with some of people in my network, and then I realized there's some serious potential in doing this. And once I had more data to work with, I became better and better and got higher limits. And I now have taught in my group over 3,000 entrepreneurs on how to get access

to zero percentage of business credit. And now at this point, I have so much data on what works and what doesn't. I think that's what makes me the best at this. I looked through your stuff and I noticed, with the testimonials, they differed. You had people that had like over six figures.

You had people that had like your 50,000s as well. But the range was so diverse, which I found very interesting and amazing as well because it accommodated for people's needs, which is a very, very important attribute. But just to now go into this, I want you to break down, you know, those four funding paths that are very, very important. Self-funding, equity partners, business loan, and obviously the most important one,

which is why we have a year today, zero interest credit cards as well. Like where do you see more entrepreneurs like going wrong in these four? So I see where people go wrong with zero percentage of credit, where they go wrong in general with funding businesses. Maybe I'll answer the first question. Where do people go wrong when they try to apply for credit? So I mean, and I don't blame people for making this mistake, but they just don't know what the banks want. They think it's just a good score. They don't know if you need to have a banking relationship prior. Some banks, you want to have a business checking account open first. Some banks, it actually doesn't matter at all. Sometimes you have too many hard inquiries in the last six months.

So let me just, I'll break down what a good personal credit profile looks like. So to your question, the answer is people apply for business credit cards without understanding how to make a good attractive profile and not understanding how and when to submit the applications or even the information to include on the applications. Because when, side note, when it comes to some of the numbers on the application, it's projected revenue. So it's like, what are you projected realistically to make this year? And if you have a low projection, then you're probably not going to get approved.

And of course, like we're optimistic on our business is going to crush it this year. I'm going to have this awesome plan. We're optimistic about our projection. So we want to be, we want to have good projections on what we think our business is going to make. So that's a big detail there. And if you project too high, then you can. get a financial review and then they start to ask you for proof of income. So I kind of know all

these different thresholds on, okay, what's a too high projection at all these different banks that triggers these financial reviews? So understanding what to include on the application is very important. Make sure you have a good address. There's some info on making sure you have a good address that doesn't look risky to the banks. But circling back, let's look at a good personal credit profile. So ideally you want to have at least four personal credit cards. open with collective limits on those primary credit cards of at least 40,000 in collective limits on those cards. Okay. So an example of a weaker profile is if someone only had two personal credit cards that each had a $2,000 limit, that's that's $4,000 in limits collectively. Yes.

Very thin, we call it. So you want those collective limits, but you also don't want to apply for too many credit cards too quickly. And how I know this is because I broke down all the different denial reasons that the banks give you. And so I noticed if you have more than two personal credit cards open in the last six months, then you start to get denied for too many recently opened credit accounts. So if you have, you just want to stay between like one and two personal credit cards open in the last six months. Okay. So then I broke down, okay, denied for too many hard inquiries. So I noticed that if you have zero, one, or two hard inquiries in the last six months, you're not going to get denied for that reason. And so you just want to be strategic about when you're

applying for credit accounts because the more hard inquiries you get in a recent period, the higher risk the bank is going to deny you. And just to add on that, the likelihood of you getting approved for that business credit card without having any personal credit cards is zero to none, right? Yeah, it's very slim. Okay. Yeah. You want to have at least like minimum three primary credit cards, minimum $15,000 in collective personal credit limits. And the time frame of for how long? You want to have average age of at least two years under profile. Okay.

So, but even if you're younger than that, if your credit age is younger than that, you can get added to someone else's card as an authorized user that has age, and you can piggyback their age because it reports to your profile as an authorized user. So for any of the younger listeners, if you get added to your parents' credit card or someone that's older than you that has an older credit card, they can add you as an authorized user. There's no risk to them, and their account shows up on their, on your, on your credit card. credit profile and then it increases their age. Okay.

Yeah. So we talked about inquiries. You want that to be super low. Utilization, you of course want your balances on personal credit cards to be under, for sure, under 30%, ideally under 10% on each card, not just an average basis on your cards, but actually like a per account basis under 10% utilization. The thing is you can spend on your personal credit cards in the month, but when the statement closes, That is the date that the bank will report the information to the credit bureaus.

So if you max out your personal credit card and pay it down before the statement closing date, then whatever the balance is on that statement closing date is going to be reported to the credit bureaus for the next 30 days. Oh. So that's the heck I wanted to ask because sometimes people give you misinformation when they start saying, hey, listen, you have a 10,000, never max that I'll only use between like 25 to 20%, you know, 20 to 25%. Would you say that's accurate or that doesn't really matter? So that's not exactly accurate because you can certainly spend the full balance on the personal credit card. But it all comes down to what is the balance on the statement closing date?

So if it's still maxed out on the statement closing date, then it's going to report a full balance on the credit bureau for the next 30 days. But if you pay the balance down a few days before the statement closing date, then you're good. Even if you max it out. Even if you max it out. They only see the balance on the statement closing date. In general, like, I would never really use, I would never recommend to use personal credit cards for your business. You want to get the business credit cards because that debt is not on your personal report.

And I will be clear on one thing. When I say the account doesn't report to your personal credit profile, it doesn't mean if you don't pay it back, then you're not on the hook. You are personally guaranteeing the limits on the business credit cards. it's just the account is not showing up on your personal credit report. The only time it can show up is if you start defaulting on the debt, if you start not paying it back, then it can appear on your personal credit report. So while you're in good standing, you're a chase $50,000 business

credit card. If that business credit card is maxed out, that fully utilized account is not affecting your personal credit score, which is a really big deal because that gives you the to then go to other banks and get more funding. So if you had a maxed out personal card, you wouldn't get any funding on, you wouldn't get any business funding. But if you have a maxed out business credit card, the banks won't be able to see it because it's not on your personal credit report. Interesting. So when you go to Bank of America, they can't see you have a maxed out 50K Chase card because it's not on the personal credit report. When you go to American Express, they can't see the Chase Business Credit card because it's not on the personal

credit report. Interesting. Awesome stuff. And then just to follow up, you know, sometimes this is such an overlooked thing because when I had a guest, he's one of the best actually in the state of Utah, does Airbnb arbitrage. And I found out how he ended up breaking this thing down. He was getting funding through business credit cards. And I never ever, ever heard of that until I interviewed him up, I think, in October last year. And I found that to be very fascinating because he did the exact same thing where he just maxed it all out, but he made sure he paid it on that statement day and it's very overlooked because sometimes people often feel like they don't qualify for a business like credit card like they don't you just have this misconception like listen let's rather just

stick to personal credit cards and not business as well and I think it's important to differentiate between the two right yeah I for sure would differentiate between the two so the personal credit cards the reason I have those is to build strong credit and to get good points you know like when I spend on my personal credit cards I get really good points the business cards have good points too. And you want to separate the expenses between your personal expenses on your personal cards and business expenses on your business cards. It just makes accounting much easier, especially if you're maxing the cards out for using your business for sure. So you want to strategically get personal credit cards for two purposes, different than the two purposes

that I just mentioned. There's two main purposes of getting personal credit cards. One, to build your profile and build a relationship with a bank. So I, I, always recommend to people who are trying to build up their collective credit limits. Like if you don't have at least $40,000 in collective personal credit limits, then I recommend to them one of my high limit personal credit cards, which I'll list them here in a second. But the reason you want the high limit personal credit cards from my list is because they're going to give you generally a good limit on the card and they're at banks that it makes sense to build a relationship with. So like a Chase Sapphire preferred is on the list.

The built credit card, which you can pay rent on, which is a great card. It's issued by Wells Fargo, which is a good bank to build a relationship with. And then American Express is on there, like the Delta Gold. But building a relationship with either Wells Fargo through a personal credit card or at Chase, through a Chase personal credit card is a very beneficial thing. Some banks are relationship-based. Some are less relationship-based. So you want to build a relationship at banks that have the business credit product that you want.

So what I teach is the people that I work with is they want zero percent interest business credit cards. Yeah. So does it make sense to build a relationship with a bank that doesn't have a zero percent interest business credit card? No, it doesn't. Absolutely not. So like city, for example, doesn't have a zero percent biz card. So building a relationship with city, my opinion, is a waste of time. Wells Fargo has one, American Express has one, Bank of America, Chase, U.S. Bank,

you want to think about where to allocate your time to build either a banking relationship or a credit relationship. So banking relationship is like, where do you do your personal banking? More importantly, where is your business bank? Where are you showing business revenue? If you have business revenue, you want to be showing that in a bank account at Bank of America because they appreciate seeing the business revenue more than any bank by far. So if you do have a business that's making revenue,

I would highly recommend go bank, business bank at Bank of America. Some banks, all you need to do is just go open up a business checking account, like U.S. Bank or Wells Fargo, let it be open for 30 days, maybe 60 days, put five to 10,000 bucks in it. If you can budget that, whatever you can budget, put it in. let that season, let it sit there for that one to two months, and then apply for their card or their business line of credit. So because you open that account, you're showing them that you're trying to become a customer. They see that you put the $5,000 in there for 60 days so they can see you have

some money. And then the building the credit relationship is what you do through either personal credit cards or you can build a credit relationship through a business credit card. This is actually a really good strategy. So the best way to build a credit relationship at American Express, and I would do this before applying for 0% cards at American Express, is to first apply for their American Express business gold card. It's a charge card. It's a really great card in general. It gives you four points on a lot of different categories. But the reason you want to do that is because it's an easy business card to get at American Express. And when you spend on that card, you're going to be building trust with American Express. So you're building that credit relationship.

So you want to do that for 30 to, ideally 60 days, and then apply for a zero percent interest business credit card at American Express. So the people who have a relationship at American Express, they're the ones that get the 25 to 50K limits collectively on the business cards because they have that credit relationship. So if you don't have a relationship in American Express, you want to build one via a credit relationship before applying for the 0% cards at American Express. Golden Nuggets, man. Now, like I said, the reason I like applying things directly to me, and I think I relate a lot with some of my guests.

So, for instance, before I bought my Tesla, I had zero credit. What happened is that my wife had like a 750 credit score, but I was making the six-figure income in California while selling sales. So it was like one of those things where I'd buy the car or buy whatever we'd do, but like she would become like my co-borrowing in a way because she had the credit. I had the financing. So now this kind of segues to the next question. What if there's people out there that have almost zero credit or potentially might also have a bad credit? Do you guys offer like forms of like repair or like do you kind of like licking them with the

people that can actually help build their credit score and also like repair something that is potentially defaulted in the past? Yeah. So there's two questions there. What to do if you have bad credit and then what to do if you have no credit? Yes. So if you have bad credit, if you have low scores due to. to late payments, collections, bankruptcies.

There are strategies where you can dispute these negative items from your credit report, and you send these disputes to the credit bureaus, and through good dispute strategies, they can get those removed from your credit report. So I teach a lot about this in my program on how to get these things removed. Also have a credit repair service. It's called Simple Repair Services.com,

if anyone needs that help. But just because you have a negative reporting on your credit report, know that it is possible to get it off through the right credit repair strategies you can get that thing removed and you that basically can be done if one if it's a fraudulent account two if there's inaccuracies on on the negative like if your name is spelled incorrectly if your address is different if there's any inaccuracies you can challenge those inaccuracies and if the if the creditor can't or the bureau can't prove certain information in pretty tight 30-day timeframes if they miss those

timeframes, then you have leveraged to demand that they remove those things from your report. So you can just challenge them. And if they can't meet those tight timelines, which happens all the times because they're pretty big credit bureaus, then they have to get them removed. So if you do have a 500 score, there is hope to get those negatives removed. So simple repair services.com, if anyone needs help. My only concern with that, no, not with you, but I've been seen this very trending, like, topic, especially on like social media. You see one lady walking about like, I can fix your credit. If you bankrupt, it can get removed in seven days. It just sounds so sketch, you know. There, yeah, sorry to kill you off. But there are, there are more ethical ways

to challenge negatives and there are less ethical ways. So the less ethical ways are the fastest ways to get negatives removed from your credit report. Things like doing a police report, things like claiming identity theft. There's some other shadier strategies to get things removed. But there's also the more ethical ones, where you challenge the inaccuracies and if they can't meet the certain timelines, then by law, they have to remove them. Makes sense. So it does work. It's just the path that they end up taking and doing that. Because the thing is, they also have testimonials and people break it down. I'm like, this sounds so sketch. But when you broke it down of like disputing like those like name addresses and

change and so forth, I think those are the right ways and healthy as well in the long run and trying to secure people do things in like in an ethical manner as well. For sure. For sure. And then to your second question, what to do if you have no credit? So a couple initial things I would do if you have no credit. I would get added as two authorized users to someone else, someone else's credit cards. And then I would also apply for two secured credit cards. I like to recommend secured credit cards that graduate into an unsecured credit card.

So a secured credit card is when if you want a $500 limit, you need to put a $500 deposit down in that account. So Bank of America has a really good secured credit card where it starts secure. So you have to put a deposit down. And then over six to 12 months, it will graduate into an unsecured card. And they pay you back the money that you put in secure. Exactly. They let deposit go. And so the reason you want it to graduate is because the more accounts you have on your profile

with the more age, the stronger your profile is going to be. And if you have an unsecured, if you have a secured credit card on your profile, it does not look good. So you want it to graduate. so it's coded differently on your credit report, and then you still have it open, so it's been open for a year. So you want that year of age

instead of just closing it and getting another one. You want that year. Another thing I would do, there's a rent reporting service called Boom Pay, B-O-O-O-M pay, and it helps you report your rent payments to your credit report. And so when you're starting out and building credit, you want to get as many payment experiences as possible,

as many on-time payments as you can because the more of those, over time, the stronger, more resilient credit you're going to have. So it's getting at it as two authorized users, getting two secured credit cards that graduate, Bank of America being one of them, and then you want to do a service like Boom Pay that starts reporting your rent payments. And then probably wait six to 12 months and then starting applying for some of the lower level unsecured credit cards, maybe like the Discover Card, Capital One, maybe even a Chase Freedom Unlimited. Awesome. And as I spoke to you about my friend that the issue I told you about earlier on,

I'm like, he's been getting credit cards, but there's no income because he flips cars. Like, you know, I'll invest in some of the cars. I'll put like 10,000 to buy a few, like, student kind of like, BYU, Idaho cars that can easily be affordable, flip them up, sell it or whatever it may be. But I realized one thing, he cracked the code in securing credit. I'm like, how the heck are you getting credit cards? So you have no form of income to actually report it. So I think relationships are very important because he built a relationship with Mountain America, and I think Idaho Central Credit Union, and it's once you build that relationship, you end up like building rapport with people. And by the way, all these specific websites that we're given are going to be in the description section as well.

If you just scroll further on, you may get all the information that Jack just shared with us as well, which goes to our next question. If you were to try and explain credit stacking in simple terms, how would you define it? Yeah, credit stacking is a strategy that helps entrepreneurs get access to as much zero percent interest business credit for 12 months as they can. So it's a strategy of just getting as much possible in a relatively short period of time. You can drag it out for sure. But so where it becomes really helpful on dollar amounts is between $50,000 and $300,000 of funding. So if someone's looking for a million bucks of this type of credit, it's just not really

possible to get a million bucks on zero percent cards. If someone's looking for 50 to 300k, this is the best credit product to fit that, that desire for someone. So it's the strategy of getting access to that type of credit, which is zero percentage of business credit for 12 to 18 months. And then what's the most common myth or misconception people have often about obtaining a business credit card? I think the biggest misconception about being able to obtain business credit is people think you need to have a legit business being in business for several years, making a bunch of money to be able to get approved for high limit cards. And that's just simply not true because these banks that are approving these 0% cards, they're not asking

for tax returns. They're not asking for bank statements. They're not asking for proof of income if you do it within a specific framework. So you can do this on newer businesses. Like I mentioned before it does help if you have six months of age on the business, but sometimes two week old businesses for someone that has a good, strong credit profile, good high limits on personal credit cards, they have several accounts open, they've had them open for three to five years. For someone like that, it can still be very easy to get $100,000 to $200,000 approved. So you don't need to be a seasoned entrepreneur to get access to this type of funding. And that's why I believe it's the best funding product for newer stage entrepreneurs, maybe someone that hasn't started a business yet,

or maybe they've been a business, but they just haven't, they're not quite making a million dollars in annual revenue, but they're trying to get to that next level. So this, I believe, is the best product for them. And I'm glad you touched on that because I know a lot of people that are in sales or just are working somewhat. They all have these massive ideas, but they they do the old school strategy of like save as much money as possible and then just invest in your business which can sometimes be a massive risk you know because you're just investing all the money and you don't have any form of like payment that's going to be coming in so there's the opportunity cost of fully going into one thing and then the opportunity cost of sacrificing your current salary

because now you're going all in and I think it's the easiest and fastest way to try and secure funding because then you're not doing the whole long game listen in about two years I would have saved this amount of money or I need to go do two more years of summer sales that I can try and get about $250,000, eh? Yeah, I definitely agree with you there. And I think, like, when you do borrow money, it does increase the risk, where if you don't pay it back, you will have to deal with some interest or work creatively to get some other 0% options, which I have some great strategies we can dive into. But when you borrow money from someone else, there's always some level of risk.

but what I think is when you have access to a little bit more money, your chance of succeeding in that venture increases. So if you were to go into business with just $5,000, it depends on the business, we'll call it $10,000. You know, you generally need more than $10,000 to succeed in business, unless it's like immediately making a bunch of profit. So if you have $50,000, your chance of succeeding in most business models increases because you have more money to work with. You can get, like maybe if you're on a, have an online service-based business, you can get an email marker, you can get media buyer, you can go shoot amazing ads, you can rent a podcast studio like this and make amazing content. So you can do a lot more things, a lot quicker. So it's like

a quicker approach. So because you can do those things with more money, I then think it actually reduces the risk. But it all comes down to like using the money correctly and what type of business model. I help people get credit for whether they're looking to acquire another business. They use the credit as a down payment to buy a cash flowing business, and then they use the cash flow of that business to then pay off the card. Just had a guy who came on a coaching call. He's like, Jack, you help me get $300,000. I use that as a down payment to buy a business. A year later, we refinanced, and he was pretty happy about it. Another woman came on the call with me the other week and she actually kind of started crying and I was super touching she basically I helped her get I think

was the same amount 300,000 of 0% funding and she used that to invest in in real estate deals. I don't know exactly what in real estate. I know this works really good for fix and flips because there's a clear return to pay off the card in that in that 12 to 18 month period. But if you if you do it correctly, it can absolutely change your life. And I hear the success story. all the time and it's it's incredible and like you know sometimes if you don't use it correctly there there is risk but you have to be responsible but I think if you're going to make a jump to get to your business to the next level or you're going to take a jump to start the business you want to do it right and to do it right you generally need some money to work with

absolute golden nuggets the reason I was smiling jack's got this very peculiar way where I ask him one question he actually answers three of mine like right there and everything I prepared for I was going to ask the businesses and business bottle that benefit the most from credit stacking. And you kind of touch base on that as well, which I appreciate. So the next question I wanted to ask you, somebody out there, that's something that's just more realistic. Let's say somebody has a $5,000 to about $10,000. It's like how much they're kind of making personal income per month.

Where does credit stacking kind of fit within their journey? I think it really depends on the opportunity they have in front of them. So some people are, yeah, I want to get all this credit approved. And, you know, we're on a call with them to see if they're a good fit for our programs. And we're like, well, do you have a business? Like, what's your business or business idea? And they're like, yeah, I'm not really sure yet. Well, it's like, you know, if you get a bunch of credit and you don't put it into an opportunity,

then, you know, it's kind of a waste of time and effort to get it. You do want to build your credit over time so you can snap your finger and get access to money, but you just don't want to get all the 0% cards if you don't have something in front of you. So to that question, if someone's making that... Try to cut you, it's very nuanced as well because there's different situations for different people, obviously. Others that have credit, others that don't have credit. So you analyze that.

But in the general one, if they just have a normal credit, like, and where does it fit for them? Yeah, I think in general, for every single person, you should be building your credit. You should be over time applying for more personal credit cards over time, not too quickly. you want to not close credit card accounts. You want to be building strong credit because everyone can get to an 800 credit score. Even if you have the collections, you can dispute them, get them removed. Everyone can get to an 800 credit score with the right information and strategies over time. And then it's most important to have the strong credit.

So if you need to get money for an opportunity, you can take advantage. You don't want to find yourself in a situation where you have a really good opportunity and you just don't have the good credit. So you can't get the money, and then you have a massive opportunity cost on not being able to take advantage of that opportunity. So if someone's making the $5,000, $10,000 a month in personal salary and you have a business idea,

then credit stacking could give you access to that money so you can start to take the jump to start putting that idea into real life. Or maybe you already have a side hustle, and you're like, you know, I just need a little bit more going on. You need a higher a couple more people, I need to buy a new camera so I can get bigger gigs. I need to hire this media buyer to get more advertising.

I need to get rent a studio like this so I can make more content and get more sales from that content. Whatever that catalyst is to more revenue, sometimes you need to invest into that thing. And a lot of times people don't have the savings for it. So to get access to the money, invest into that thing that's going to bring more revenue. Could be what's needed to then finally be able to make that jump from a nine to five into that dream business. See if I had a dropping bomb, I would have just boom. Ironically, you did speak about boom. And just to add on that, one of the things I like, you said you don't just focus entirely on people that are starting or their businesses or like entrepreneur as well, but you'll speak about those that want to kind of upscale.

In a scenario, which is becoming a fortunate scenario rather, and somebody seems to be outgrowing the line of credit that they currently have at that moment in time, what could the alternative opportunity? option B, because right now your business is growing way too fast for these $20,000 limits. Yeah, so really the business credit cards that come with zero percent interest, that's kind of the level one. The level two is getting into business lines of credit. So business lines of credit, it's a pretty incredible product as well. And they're often just as big limits, like 50 to 100,000 limits on these business lines of credit. And how those are different is a credit card, everyone's familiar with the credit card, but a business line of credit, it basically acts like a bank account. So at Chase, I have a 90,000 business line of credit. It just shows as a $90,000 bank account.

When I pull from it and just transfer the money, just super easy, then I start paying interest on whatever money I pulled from that business line of credit. interest rates generally range from 9 to 13, 14%, with good credit. They can get higher, but 9 to 13, 14%. And it's very helpful to have that access to that much money that I can just transfer just with a couple clicks. Where a credit card, if you need cash, there's different ways to get the cash off the credit card, but otherwise it's on the credit card. You have to swipe, right?

So if you need money for a real estate deal or to bridge a payment, et cetera, the business lines of credit are really easy you can just transfer the money from. So to get the business lines of credit, your business has to be at least two years old, which for a lot of people is not a big deal. If you don't have an LLC, I definitely recommend go file an LLC today, get that thing aged over time. It's just going to give you more options. And if someone only has one LLC, I'd recommend to file another one because having two LLCs is going to open up more business funding options.

Even if you don't need the money now, you want to be able to. want to prepare yourself in case you do need the money. And if you have two business entities, not saying two businesses making money, just two LLCs that don't even have to be making money. If they're older than two years and you have two LLCs, and good credit, then you have really good options to get access to money when you need it. And I mean, I saw this next question from you. It was a trending one. It did pop up on my reel. But for those I don't know, I want you to break down the differences between the MX gold and MX platinum. You know what I'm talking about right when I say that video? Yeah, I mean the MX gold and platinum, there's some big differences.

A lot of people think the platinum is the better card and I highly disagree. MX gold gives you way more points. It gives you 4x on the top two categories, which is 4X on advertising, on softwares, I think office supply stores and dining as well. And so I have several businesses and we spend a lot of money on dining and advertising, so I make way more points spending on my business gold. The only time you're making good points on an Amex platinum is if you're spending money on the platinum through the Amex travel portal on flights,

then you get, I think it's either 5 or 10x. I think it's 5X. So that is 5X on flights is pretty good. If you use your Chase Inc preferred, you're getting 3x and you don't even have to go directly through the Amex portal. I can usually get better deals without going through the MX portal, and I'm so savvy at my credit card points that I rarely spend money on flights. The MX Platinum card does give you access into the Centurion Lounge, which is nice,

the Delta Lounge, if you're flying Delta, which is pretty nice. It gives you TSA pre-check and clear, which clear is not that cool. So there's some benefits with the card, but in terms of the rewards you generate from spending, on the card, there's better cards. I almost never use my platinum. I use my Amex Business Gold for advertising and dining. I use my Chase, Saffi, Chase, Chase, Inc. preferred for my travel, business travel, that's 3x.

And then I have an Amex Business Blue Plus for everything else gives me two points per dollar spent, where the Amex Platinum only gives you one point per dollar spent. Unless the transaction is over 5,000, then it gives you 1.5, which still is a little. as good as two over here at the other Amex card. And then if you do it through the AmX travel portal on flights and I think hotels, then you get 5x. But I'm so good with my points, I don't spend money on hotels and flights because I have the points. Wow. Love that. Absolute golden nuggets. And I know, just to track back, I think you and I spoke about this way in the beginning of the podcast, one of the suggestions that you made, especially to people that want to try and get a multiple personal

credit cards is not to apply all at the same time and get it all at once because it could affect like their credit like points as well. However, I know you and I spoke a lot about Bank of America and just to track back what would be a strategy to try and obtain as many business credit cards at the same time as quickly as possible. Okay, the Bank of America strategy. This is a really good one and I just came out with the strategy. So the max funding strategy at Bank of America is first going to consist of having a bank account open with Bank of America. and ideally showing them some revenue. Where it really gets good is you want to apply for not just one, two, or three or four of their

zero percent cards. They actually have five business credit cards. So you want to apply for the first business credit card. If approved, apply for the second. If approved, apply for the third. If approved, apply for the fourth. Same thing for the fifth. You might be asking, well, that fifth card is not a zero percent card, so why would I get it?

Well, what we figured out is you can actually consolidate the limits of all of the cards to one card. A lot of times at Bank of America, they approve for lower limits, like 10,000, maybe 9 to 15,000 per card. But if you can get 10,000 times five, now you're at 50,000. And then we run a phone script at a specific number, and we request a credit transfer onto one card, and we're going to close the other four. So now it moves that 50,000 over five cards to 50,000 over one card. It's a brilliant strategy. Wow, you're making me go speaking to my bank after you. I'm with Bank of America, and I've been with them for a while.

It's very fascinating. And let me actually follow up with one other point there about consolidating limits and moving them around. It's a really important thing, and I didn't actually master this until a year or two ago. And it's basically there's a few banks that allow you to move business credit limits freely. Okay. And I'll tell you why this is a big deal. So you can move limits freely between Bank of America, American Express, and Chase. So why is that a big deal?

deal. Say you have a $50,000 chase card, 0% for 12 months. The 0% now ends. Now it's no 0%. You apply for another chase card. Maybe it's only a $20,000 limit. Well, you can move the limit of that $50,000 card, even if it's a different business over to that brand new $20,000 card. And that new card was a 0% card, right? So now we have $70,000 on a new 0% card because we move that old 50 to the new 20. So you can do that same thing with American Express and that same thing with Bank of America. So another example, we have a $10,000 Amex 0% card that expires. We apply for another AMX card and we get 30,000. Okay, we can move that old 10,000 to the new 30,000, and now we have 40,000 of 0% for another 12 months. And actually, let me follow up with where it gets even better. So you might be wondering, okay, what if I get to the end of that 12-month period on that

$50,000 chase card, what if I can't pay it back? Okay, if you can't pay it back, but you also have a $50,000 business line of credit with Wells Fargo, well, then you can borrow from that Wells Fargo business line of credit, pay off the chase card, and then apply for a brand new chase card. Say you only get approved for $5,000. Well, you can move that. empty 50,000 to that new 5,000. But how do you move it? Now you have 55,000 of 0%. You just call them an ask.

There are specific things you want to say when you do it, but it's relatively simple. So then you move that limit. So now you have the 55,000 limit card on the chase card, but now you have the balance on your business line of credit. Now there are strategies, what we call liquidating credit, into cash, to basically convert that 55K credit card into cash without doing a cash advance because that's expensive.

So we liquidate that credit into cash and then pay off the business line of credit. So that just gave you 0% interest for now two years. It was on the first year. Then we paid it down with the business line of credit, got the new card, moved the new limit, liquidated the credit card into cash, and then paid off the business line of credit. line of credit. So now that balance is on that new card, and now you have to figure out how to pay it off in another 12 months. While it's still 0%. While it's still 0%. And if you need to do that again, you do it again. You use the business line of credit to pay off the chase card. Then you get another

chase card, even if it's only another $5,000 approval. A lot of times, if they don't want to extend you more credit, you can ask them, hey, I don't need actually more credit. Can you, you just open this new account up and move 5,000 from my old card to this new card? I'm like, yeah, we can do that. Well, they just opened you up a new 0% card. And so then on the next call, maybe the next day, we're going to move that $50,000 or $55,000 from the old card to that very new small card. Now we're going to make it big. And now you have 0% for another 12 months. That's so powerful because that was literally my next question because I looked at the testimonials. I'll often see like, hey, I got $150,000 for 12 months. I got like

$1,000 something for like, you know, 18 months. I got like for like one year. And then I know when we spoke about it, it's you can get multiple years through that hacking system, which is legal and the right way to actually get multiple. And how long can you do this thing for like approximately the next like five years or so? It's all about is a different bank that you're like circulating through or is the way you can kind of stick with like maybe two or just three? I mean that exact strategy, that's a relatively newer strategy using the business line of credit like that. I just developed that within the last year. I'm surprised I didn't think of it earlier. That's a newer one right there. There's other strategies where if it's not as good, but you have the 50K Chase Business

Credit Card. Then you can get 50K at a different bank and then liquidate that card, pay off the old card, or just rate balance transfer it. The thing, there's not that many balance transfer cards so options start to run out. But when you have that about when you have that business line of credit paydown strategy, in addition to knowing what banks, allow you to move limits like Amex Chase Bank of America, then you can do this for years. Powerful.

And ideally you don't need to, but it's a safety net. Like you want to, ideally, put the money into something where you think you can make short-term profit. Within the next 12 months, so you can pay off the card, and then now, you know, there's no risk of interest. But if you need the option, at least you have it. And so that's why you also want to focus on the business line of credit, like I mentioned. Like I have a 50K business line of credit with a credit union, 35K over here, 90K over here, another 51.

Like I don't use all of them all the time. I'll keep them a little bit active so they don't close them. But it is very nice to have access to capital when you need it. I'll give you an example of a play of a strategy that I just executed on so, perfectly. And this was a higher risk play, and I wouldn't recommend this for anyone, but I'll go through it and you might find value from it. So Bitcoin was, went up to 110,000, right? Bitcoin then came down to 79,000. I am a mega pro-bitcoiner, and I'm like, dude, this is going to go back to 110. And I talked to my mentor, one of my mentors on crypto, and I'm like, Mark, what if I put my

$50,000 business line of credit that I pay 10% interest on, I put that into Bitcoin. And then I borrow 50% against my Bitcoin. So I put the 50 grand in into Bitcoin. And then I borrow 25 grand against that Bitcoin at 6%. So then I can put the 25K to pay off half the business line of credit. So now I have $25,000 in debt on the business line of credit at 10% interest. I now have a 6% loan against the Bitcoin, which is 6%. But the most important thing is I have 50 grand more Bitcoin exposure. Shortly after, Bitcoin went up from 80 to now it's at $10,4005,000 today. And I made 20% on my money.

Wow. And I paid off the business line of credit. I paid off the business line of credit with active income, but I could easily, right after I saw that gain, I could have sold some, paid it off. But now I have more Bitcoin exposure, which if you're a pro-bitconer, I hope you followed that pretty good. Awesome.

And now, I mean, I see time's going. I thought we only had like 20 minutes going, but it says 50 minutes. There's something wrong with the system right there. It's fine. No, it's just, I want to talk about the coaching program, obviously, but I have to ask this question right now. Somebody is obviously getting afraid of being denied.

How can we try and avoid somebody getting denied or being flagged? What are the things that they can try and do right now to try and prevent that? And the business line of credit and business credit cards. Yeah, I think that the main thing is, I'm trying to think how to answer this in a super valuable way. Like, I teach how to do it. it perfectly. And when you, when you do it in that framework, it becomes very easy to get approved. But most simply put, I think you want to get your credit score in above 720. Okay. And I think most

important, you want to just build your credit over an extended period of time and build relationships with the right banks. So like Chase Bank, I'll prioritize Bank of America being number one to prioritize. Chase being number two and Wells Fargo being number three. So when you have strong relationships, it becomes more difficult to get denied for those cards. So again, you can go do the personal banking there. You can do your business banking there and you can get their personal credit cards at Bank of America, Chase, Wells Fargo, and start building those relationships over time. So that builds the relationship. And in terms of credit, you know, no late payments, always turn your auto pay on, apply for a personal credit card every six months because you want more

and more and more over time, not just five at the same time. Don't do that. And then, yeah, I think that's where I'll wrap that answer. You know, keep building over time, build those relationships with the right banks. Watch this podcast again, I'd say. I have other podcasts on my channel, my Instagram. We, you know, talk about some other stuff as well. But really, for anyone, like, interested to actually take action and not make mistakes and really get access to capital that they need so it can change their lives forever, it's what I teach in my program, credit stacking. And we just came out with the 2025 course. It's badass. The 2.0, right?

2.0. Now, as we conclude, obviously, respect your guys' time. As we conclude right now, how could somebody get in touch with you for the program and, like, what, like, is there like a monthly fee? fee that you people can and pay for it and how does that work yeah so credit stacking 2.0 it just we just dropped it uh launched it last two weeks so i started credit stacking uh four or five years ago and i've taught 3,000 people and i have the best data and strategies in the entire game and i've just refined everything and relaunch the course with brand new videos um new resources etc so if anyone's interested to learn about what that looks like it's credit stacking dot com www

be credit stacking.com. But yeah, it's a one-time fee for the course, and there's coaching time with me personally. Great resources. I'm super, super proud of it. Awesome stuff. And like I said, the link will be in the description section for all the websites we spoke about as well. So be sure to follow and click over there.

And then the last question, I always ask our guest. I'm grateful for the opportunity. This was very informative. I might go rewatch this thing with a pen and paper as well. You know what I'm saying? I've got to break this thing down. the coat to winning. Winning is such a very peculiar term,

and I think I want all our guests, all is leave knowing that they've gained something, but also continue to win in life, business, and everything else. In your definition, what does the term winning mean? Freedom. If I were to boil down to one word, that's freedom. And so how do I achieve freedom? How have I achieved freedom?

And I thought about this the other day, actually, and I broke it down into four steps. And that's one, You need to have a service that helps people. If you don't have a service that helps people, then what are you doing? Try to figure out how to help people make it a business, product, or a service. And then I think you need to have access to money to be able to scale that product or service. You don't need to have money.

You don't need to be rich. You need to have access to money. That's what I did. I borrowed the bank's money, and that's what did it for me. Number three is you need to be able to put systems in place. So you're not doing all of the work. We have AI. We have automation, Zapier, certain processes.

process is, you know, put systems into your product or your service to make it easier for you, so you're not doing all of the work all the time. And then you need to be able to find good people to help you manage it. I'm at the point now where a lot of times I'll just speak out my ideas with my team. And then my team members who are amazing, they'll actually put that, they'll help that idea come to life. So you need to be able to have people that can do that and also be able to manage other people and manage your team. So you can do other things and have the freedom in your life to, you know, do other things. Love it, love it. If you could let our viewers know that they're whether you could get a whole of you, Instagram or social media page or your website as well.

Could you let our viewers know as well, please, Jay. Yeah, awesome. First of all, thank you, Kiji. Really appreciate it. That was a good conversation. Thank you guys all for tuning in. Appreciate you guys being here. My Instagram is Jack McCall. Link down below, MC-C-O-L on Instagram. I'm fairly active there. And if you want to learned more about credit stacking, my coaching program, which just came out. It is a game changer. It's creditstacking.com. So thanks again.

Hopefully you got some good value from this episode. If some of these strategies were a little fast, feel free to rewatch it. Think of some good stuff. Gosh, dang, I was just looking at how good looking you are, brother. You know what I'm saying? Thanks, man. The co-twinning insights you need today to seize the world tomorrow. Jack McColl, great honor, brother.

Thank you so much. Thank you, brother. Appreciate you.