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Companies will look at your credit report to see how responsible you are with your loans. If you didn't pay back, or we're late with a loan on one company, then another company you might want a loan from might not take the risk. The opposite is true if you are responsible with your loans. Also your credit score will drop down, and if you waste you money on useless items/things, then you will have bad credit.
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Can personal credit card debit effect the spouses business?
Yes, it can, unless the spouse's business is incorporated.
What are the differences between a corporate credit card and a personal credit card?
Usually, a corporate credit card is only used for business purposes. For example, taking a client out to lunch or dinner. A personal credit card is used for personal expenses, such as buying clothing or groceries.
If you have bad personal credit and get a corporation tax id can you get a credit card?
If you have bad personal credit, the best thing you can do to help improve your chances of getting a business credit card is to register your business as a completely separate entity from your personal credit.
What age should one have to get an Icici credit card?
Someone can get an Icici credit card starting at age 18. Age should not be the main consideration when getting a credit card. Credit history and responsibility are important.
If someone submits a business credit card application does that affect the personal or business credit score?
According to bankrate, if someone submits a business credit card application it affects their personal credit score. Since it's still their own business card, it's considered their personal item.
Can personal credit card debit effect the spouses business?
Yes, it can, unless the spouse's business is incorporated.
If you leased expensive equipment for your business in your business name would it effect your personal credit file?
It shouldn't unless business and personal funds were commingled or a personal credit card was used when making business transactions.
What are the differences between a corporate credit card and a personal credit card?
Usually, a corporate credit card is only used for business purposes. For example, taking a client out to lunch or dinner. A personal credit card is used for personal expenses, such as buying clothing or groceries.
If you have bad personal credit and get a corporation tax id can you get a credit card?
If you have bad personal credit, the best thing you can do to help improve your chances of getting a business credit card is to register your business as a completely separate entity from your personal credit.
What age should one have to get an Icici credit card?
Someone can get an Icici credit card starting at age 18. Age should not be the main consideration when getting a credit card. Credit history and responsibility are important.
Can my spouse be liable for my credit card dept?
Nope.... your debts are YOUR responsibility.
If someone submits a business credit card application does that affect the personal or business credit score?
According to bankrate, if someone submits a business credit card application it affects their personal credit score. Since it's still their own business card, it's considered their personal item.
Where can I compare business credit card rates with personal credit card rates?
There are a large number of factors which play into credit card rates. In order to find out how business credit card rates compare to personal ones, you may need to talk to a credit card company representative, a person who owns both credit cards, or a person who works at your local bank or credit union.
Can business credit card debt affect my personal credit card balance?
A business credit card debt can affect someone's personal credit card rating. A credit report for an individual is processed by activity of one's overall credit. This means that having debt for a business credit card can hurt a person's chances of receiving lower interest for a home finance loan.
Does my corporate card affect my credit score?
Yes. Any credit card that you associate with yourself will effect your credit. if you do well with the card then you will improve your credit. it is best to always be careful when using any credit card.
How does a credit card charge off effect your credit score?
Negatively!
Where can you get a business credit card with no credit and no personal guanratee?
Obtaining any type of credible business credit card generally requires a good credit history.
