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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.
What else can I help you with?
Obtain a credit privacy number free?
Credit Privacy Numbers are free to everyone. www.cpnebook.com has information on how to obtain a CPN for free, but always be sure you do your due diligence in terms of the researching legal uses of a CPN.
How can someone obtain a credit card in another person's name?
Obtaining a credit card in another person's name without their permission is illegal and considered identity theft. It involves using someone else's personal information, such as their name, Social Security number, and other identifying details, to apply for and use a credit card. This can have serious legal consequences and harm the victim's credit and financial well-being. It is important to always obtain credit cards and other financial products in your own name and with proper authorization.
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.
Can a 17 year-old obtain a loan for a car?
Yes, a 17-year-old can obtain a car loan with a co-signer who is of legal age and has good credit.
How can one effectively separate business credit from personal credit?
To effectively separate business credit from personal credit, it is important to establish a separate legal entity for the business, such as a corporation or LLC. This entity should have its own tax identification number and financial accounts. Use business credit cards and loans solely for business expenses, and make sure to pay them on time to build a strong business credit history. Avoid mixing personal and business finances to maintain clear separation between the two.
Obtain a credit privacy number free?
Credit Privacy Numbers are free to everyone. www.cpnebook.com has information on how to obtain a CPN for free, but always be sure you do your due diligence in terms of the researching legal uses of a CPN.
Which law firms in Chicago help you obtain a credit privacy number?
Credit Privacy Numbers are free to everyone. Just make sure you do your research in terms of the legal uses of a CPN.
How can someone obtain a credit card in another person's name?
Obtaining a credit card in another person's name without their permission is illegal and considered identity theft. It involves using someone else's personal information, such as their name, Social Security number, and other identifying details, to apply for and use a credit card. This can have serious legal consequences and harm the victim's credit and financial well-being. It is important to always obtain credit cards and other financial products in your own name and with proper authorization.
What are the legal uses of a credit privacy number?
The credit privacy number (CPN) is not recognized by the government nor the credit bureaus as a valid form of identification. Using a CPN to apply for credit or loans is considered fraudulent and can result in legal consequences.
Is it legal to use a child's name to obtain credit?
It is VERY illegal for you to apply for/obatin credit in someone else's name - even if they are your children - it's called identity theft.
Is it legal to use a business credit card for personal purchases?
yes i think it is
What is legal age for credit card in Alabama?
The legal age to obtain a credit card in Alabama is 19. However, individuals under 19 can be authorized users on someone else's credit card.
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.
Why would you have someone cosign for a car?
In order to obtain the credit or maybe to obtain a better interest rate on the credit being requested. In most cases a credit application is stronger with two applicants on it rather than one. If you are under the legal age to sign a contract (18 in most places) you may be required to have a legal adult to sign with you.
Can a 17 year-old obtain a loan for a car?
Yes, a 17-year-old can obtain a car loan with a co-signer who is of legal age and has good credit.
Is it legal for authorities to seize your personal computer if you are accused of harassment on a public forum?
They obtain a warrant and confiscate it.
How can one effectively separate business credit from personal credit?
To effectively separate business credit from personal credit, it is important to establish a separate legal entity for the business, such as a corporation or LLC. This entity should have its own tax identification number and financial accounts. Use business credit cards and loans solely for business expenses, and make sure to pay them on time to build a strong business credit history. Avoid mixing personal and business finances to maintain clear separation between the two.
