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hi, how do i create an corporate credit under the corporation name and not my personal one. |
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Date:
February 15, 2007, 6:27 am |
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hi, how do i create an corporate credit under the corporation name and not my personal one. |
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Answer:
First of all it`s necessary to accumulate enough points for a good credit score, to be able to apply for a business credit card for a good credit. In this case you will use your personal credit as a guarantee. Later on, as you continue using business credit cards, applying for the new ones and paying them off accurately (on time and in full), for not less than 5 years, you'll get a chance to use your business credit history as a guarantee of your ability to pay. So, every time you will apply for a credit card, you will have a right to give your tax ID instead of SSN, to refer the bank to a business credit bureau. To get a clear picture fo which credit cards base on your business credit, you can look at the terms and conditions of business credit cards and find it there. |
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