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Is it legal to use a business credit card for personal purchases?
Wiki User
∙ 12y ago
yes i think it is
Wiki User
∙ 12y ago
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Does bad personal credit affect dun and bradstreet rating?
Personal credit is separate from business credit. However, some legal structures capture personal bankruptcy history in the D&B report which may have an impact on D&B scores and ratings.
Is it legal to invoice in Canadian funds but charge that amount in US funds on your credit card?
if your credit card is Canadian and you go to the USA your purchases will be charged in US funds, if your credit card is American and you come to Canada you purchases will be in Canadian funds.
Does a company credit when the company is the accounts payable and the card was issued by the company for business expenses affect your personal credit score?
If none of your legal information is attached to the card (SSN for example) then the answer is No it will not affect your presonal credit score.
Is it legal to transfer funds from business to personal account?
It is legal as long as both accounts belong to the same person/company. If the owner of a company transfers cash from his business account to his business account it is legal. But, if his Personal Assistant does it from her boss's business account to her personal account, it is illegal.
What criteria are required in a Credit Review Process for Business loan?
Depending on the lender, the credit review process could vary. However, there are certain elements that are almost always included in the business credit review process. These include: personal background checks, a personal resume, a business plan, a business credit report, income tax returns, financial statements, bank statements, collateral (often required for businesses without financial statements), and legal documents, including licenses and registrations.
Is it legal to charge customers for credit card expenses under five dollars?
Yes, the credit card business is a very serious business.
Which company made personal computer legal in business and industry?
the computer that made personal computing legitimate in business and industry was the __.
Husband and my Business going bankrupt should I get diovorced to save my credit?
If the business is independent....a corporation...of you (both)...the BK won't effect your personal credit. If it isn't it's own legal entity...then you are the ones going bankrupt...not the business. Whether your married or not doesn't change that they would be each of your debts (probably jointly and independently) and your responsibility.
Do you need a credit repair license for a credit repair business?
It all depends on the state your legal entity is operating from.
Is it legal to sign your name for purchases at a garden center where your condo assn has an account?
So long as you are paying for your own purchases, no one else's accounts matter. If you are putting your personal purchases one someone else's account without their permission, that is stealing and illegal.
Is it legal in New York State to add a fee for use on a credit card purchase?
It is not uncommon for a business, especially a small one, to charge a fee for cc purchases. Most states including NY allow reasonable "expense" charges to made, for cc transaction.
If you own a small business and you want to file personal chapter 7 on credit card debt do you have to file a business bankruptcy?
This is rather complicated. If your personal and business expenses were totally separate and there was no commingling of assets or debts, than probably not. Your business will, obviously be included in the disclosure of your assets. You should explore this throughtly with legal counsel in order to protect all your property and be certain you claim all your exemptions.
