Serious ? Reagrding Credit and Such for Business

[Juicy D. Links]

Business credit cards , I got em and stuff.

K now when i got em 2 yrs ago I had to apply using my own ss number and then give company info and such .


Now I guess Amex and so on reports to D n B and such so all this prompt payments is raising the credit worthiness of the business correct and not my own credit?

[The Other Sweetie]

If you have a tax id for your business and use that for lines of credit, it'll build the credit worthiness of your business. If it's going under your social, it's most likely building your personal credit. Either way, it's still a good thing (if your credit is good, that is.)

[Juicy D. Links]

Originally posted by The Other Sweetie
If you have a tax id for your business and use that for lines of credit, it'll build the credit worthiness of your business. If it's going under your social, it's most likely building your personal credit. Either way, it's still a good thing (if your credit is good, that is.)

I gotta speak to my accountant.

initially when i applied i used my ssn, but they also have tax id for the biz.....