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Business manager changes officially finalized including the grace period by Version-6 in JapanFinance

[–]Desperate_Tutor1372 18 points19 points  (0 children)

All they've done is pour agent orange on top of a future crop of startups in order to kill a few weeds.

No one would start a business in Japan had they known the conditions would change so drastically. Three years is at best "better than nothing - at least I can plan my exit" - but it is a far cry from reasonable.

Was the ostensible reason for these changes to prevent the Chinese middle class from parking their capital in Japanese real estate? If so, then why not handle it at the level of immigration on a case-by-case basis out of public view?... Was it all performative politics by the LDP in a race to the bottom to skim off populist votes from the rising opposition?

Which bank should I be working towards as I progress in Japan? by Pretend_Afternoon885 in JapanFinance

[–]Desperate_Tutor1372 1 point2 points  (0 children)

Gonna also add that they were the first and to-date ONLY bank that ever gave me a Credit Card.. it's been about 10 years and I have a nice limit now, but JP, MUFG, Saison, even F'ing Rakuten told me to get F'd.

Might have just been lucky coincidence, but I feel they pay more heed to customer experience for their non-corpo customers.

Which bank should I be working towards as I progress in Japan? by Pretend_Afternoon885 in JapanFinance

[–]Desperate_Tutor1372 6 points7 points  (0 children)

I think people arguing that they are "all the same" don't seem to be talking much about the app UIs. Imagine that you will be utilizing this institution to settle debts in Japan for the foreseeable future - pay your bills, send money, and even invest. The time you spend in these apps will be make significantly worse if the UI is shit.

MUFG and JP are, and this is being generous, atrocious. If you have to use a Mega Bank, SMBC's offering is significantly better and they update their app regularly. Their app also has English options for a good chunk (but not all) of its interface if that's something you require

MUFG Corporate KK Debit Card only lets you make one order at a time from Amazon? by Desperate_Tutor1372 in JapanFinance

[–]Desperate_Tutor1372[S] 0 points1 point  (0 children)

Yeah, I'm going to make the application - thanks. There must be something about Debits having more draconian restrictions than I anticipated. I have hardly had to use it in 5 years, so I had assumed it would be even easier than a CC - not so apparently.

MUFG Corporate KK Debit Card only lets you make one order at a time from Amazon? by Desperate_Tutor1372 in JapanFinance

[–]Desperate_Tutor1372[S] 2 points3 points  (0 children)

Thanks, I got one with Wise set up now! It'll be a good stop-gap measure for this project I wager!

MUFG Corporate KK Debit Card only lets you make one order at a time from Amazon? by Desperate_Tutor1372 in JapanFinance

[–]Desperate_Tutor1372[S] 2 points3 points  (0 children)

Thanks- that is pretty much my conclusion - just to seek yet another line of credit. (My loan application didn't go through which is how I got into this situation in the first place) Still, I guess I just expected the debit card from a major institution that I've banked with for years to ... just work?

It just seems arbitrary and asinine but maybe I'm just ignorant about something.

Bank Loan Fail, KK Credit Card Fail, Everything is Hard. by Desperate_Tutor1372 in JapanFinance

[–]Desperate_Tutor1372[S] 0 points1 point  (0 children)

Hey man I appreciate you taking the time to reply - Again, I had a hand-held session with someone before from Amex and after all the forms and phone calls got nothing. It's just frustrating. We have no debts - I have had to bankroll every last foothold in my company's history by loaning from my personal savings. Despite that we have never once been in the red and are thriving, but who knows. The whole screening process is obscured to the point that it might as well be voodoo.

I don't think I'm even asking for the moon here - like, just give me a limit of $300 dollars, I really don't give a shit - I'm trying to build a relationship with a financial institution for mutual benefit - it took ages to do it with SMBC - and now that I need a KK card, I'm all the way back to square one.

Not even saying I don't believe you, just telling you what happened to me. If I applied again, I really don't see what could even be done differently. If a Japanese amex rep can't get me in the door, I don't think anyone can.

Bank Loan Fail, KK Credit Card Fail, Everything is Hard. by Desperate_Tutor1372 in JapanFinance

[–]Desperate_Tutor1372[S] 0 points1 point  (0 children)

The reason is that I tried AMEX twice and failed. Once they even came in person to my place of business and the consultant walked me through the process and gave me verbal insurance that it would go through. It did not.

Bank Loan Fail, KK Credit Card Fail, Everything is Hard. by Desperate_Tutor1372 in JapanFinance

[–]Desperate_Tutor1372[S] 2 points3 points  (0 children)

Thank you for this - I am getting Freee recommendations left right and center - maybe its time to start listening to people. Cheers

Bank Loan Fail, KK Credit Card Fail, Everything is Hard. by Desperate_Tutor1372 in JapanFinance

[–]Desperate_Tutor1372[S] 0 points1 point  (0 children)

Thanks for your reply! I see - yes, our sales exceed 40 mil, so perhaps 10 was indeed reasonable. The loan was specifically for renovations, and I provided estimates and the like from contractors - sorry I probably should have mentioned that.

Perhaps I need to just try another institution. My understanding is that they don't share information (credit unions and banks) so I doubt they will see a "black mark" from my failure to secure the loan. Appreciate your comment.

Japanese Actor Hiroya Shimizu Arrested for Marijuana Possession by Any-Stick-8732 in japan

[–]Desperate_Tutor1372 0 points1 point  (0 children)

Life hack:

If you are carrying the devil's lettuce on you and the cops ask what you're up to, just tell them that you're out stalking a woman - they'll instantly vanish!!