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Is there a way to create a new credit file without the use of EIN or TIN?
Wiki User
∙ 16y ago
== == Alert! Do not go this route, you can go to prison for this type of act. Be careful that you do not fall for any scams.
Wiki User
∙ 16y ago
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How do you obtain business credit file credit score and stay away from personal credit?
You will have to file a corporation, or LLC. Apply for a credit card with that particular EIN, and go from there. This is generally different than your personal.
How can you file with your last paystub when theirs no EIN?
You cant. You have to get the ein from the company before filing.
Can you use ein instead of social security number?
You cannot use an EIN unless you are using it for legitimate business purposes. The use of an EIN to obtain credit for personal purposes is prohibited by federal law. If you are an employer and have applied for and received an EIN, you can use it when applying for business credit, or when filing business tax returns.
Can a small business get a credit card without SSN?
Small business credit card without ssnYes. In fact, it is reccommended you establish your business credit separate from your personal credit. Get a EIN number from the IRS. A real business credit account will not ask for a personal guarrentee. Any company that does is not offering commercial credit but personal credit labeled as "Small Business".PS: Only the FEDERAL government can legally ask for your social security number. EVERYONE else is breaking the law. If you wish to play their silly game get a "tracking number" from your bank. It can be used as a SSN substitute. That way, in their greed, the companies will establish a credit file for the tracking number and you can keep your real social security number secret.Norman Edwardsblog.edvest1.com
What is the ein number for gfa federal credit union?
04-1355545
Can companies run credit report on other companies without a credit APP?
Yes. Several credit monitoring companies offer products that can give you access to another company's credit information without an application for a fee. You can search for credit information about another company using their company name, location, telephone number, EIN (tax identification number) or D&B D-U-N-S®
How do you establish credit with your ein number?
From all accounts and what I have read Using your EIN or federal tax ID number constitutes a federal Crime and is considered civil fraud by many states. This violation of law can bear fines and/or prison time. There are many scams on the internet that instruct people to use their EIN in place of their Social Security Number this is FRAUD, you can and likely will be prosecuted for defrauding the federal government. Being someone with bad credit myself I implore you to pay your bills and build your credit legitimately, don't get taken in by quick fix solutions that could leave you broke or imprisoned. THE ABOVE ANSWER IS NOT TRUE IF YOU ARE USING YOUR EIN LEGITIMATELY AS A BUSINESS. TO ESTABLISH CREDIT WITH YOUR NEW EIN TRY STAPLES AND DELL. THEY WILL USUALLY GIVE CREDIT TO NEW EIN'S.
Is using an ein number legal to obtain credit and not use your personal score?
IF you disclose everything including the fact that you are substituting a EIN in place of a social and it is accepted then yes. If you are applying for Business credit with the EIN and everything is disclosed truthfully then yes. If you are misrepresenting/misleading you are probably committing fraud. There are alot of people adding their names onto seasoned accounts with new EIN numbers to get a credit score and then proceeding to apply for new credit. Keep in mind that if you default, you will most likely get caught and could get in serious legal/criminal trouble.
Ein number vs credit profile?
This is any 9-digit number distributed by the IRS that you can build credit on. Credit Profile Number is a very general term, that can be said for any number given to attain credit. Many sell what is called a credit profile number to the public for as high as $700.00. This is the creation of a second credit profile using different information to establish a new credit file. The Federal government does not condone this practice as it can lead easily into fraudalent activity.
Can you really establish a good business credit without personal guarantee?
Yes you can, but if your a new business, it's going to be very difficult without a personal guarantee. Most creditors are going to require that you personally guarantee a loan or credit line. After you've been in business for a while and have a good business credit history on file, then you will be able to obtain some credit financing without a personal guarantee. In general though even well established businesses, especially small businesses are always going to require that personal guarantee regardless of how good your business credit history may be.AnswerYes, and you should establish good business credit separate from personal credit to reduce personal risk. A D&B D-U-N-S® Number and an EIN (tax identification number), both issued for free, are two business identification numbers that can be used to establish good business credit separate from personal credit.
Is it safe to put EIN on letters soliciting donations...I am wondering if the EIN can be abused as easily as our personal SSN's?
Usually people out to abuse your SSN want to open credit cards with it. I believe applying for credit can be done by not-for-profit but it's unusually and probably a real pain in the butt. Due to the huge hassle of apply for credit with an EIN the chances of someone attempting to abuse the EIN is really low if nothing at all. Plus I believe you're required to provide your EIN in certain cases (assuming you're a not-for-profit with 503(c) status).
How can you obtain business credit without using personal guarantees?
To help reduce risk, it is important to establish business credit separate from personal credit. This can be done by obtaining a D&B D-U-N-S® Number and tax identification number (EIN) for your business and using those numbers to help build credit.
