Comments on: Do you have to have good personal credit in order to obtain business credit? http://creditquestions.org/credit/do-you-have-to-have-good-personal-credit-in-order-to-obtain-business-credit Answers to all your questions about credit. Sat, 31 Jul 2010 15:48:33 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: dylan w http://creditquestions.org/credit/do-you-have-to-have-good-personal-credit-in-order-to-obtain-business-credit/comment-page-1#comment-1467 dylan w Mon, 13 Jul 2009 04:58:04 +0000 http://creditquestions.org/credit/do-you-have-to-have-good-personal-credit-in-order-to-obtain-business-credit#comment-1467 generally, the answer is yes - Especially with a business that is relatively new. As time goes on, businesses and corporations can establish their own credit, at which point a business credit report or dunn and bradstreet report would be pulled. If you have bad personal credit and want to repair it so you can get business credit, I recommend going to generally, the answer is yes – Especially with a business that is relatively new. As time goes on, businesses and corporations can establish their own credit, at which point a business credit report or dunn and bradstreet report would be pulled.

If you have bad personal credit and want to repair it so you can get business credit, I recommend going to

]]> By: Mike K http://creditquestions.org/credit/do-you-have-to-have-good-personal-credit-in-order-to-obtain-business-credit/comment-page-1#comment-1466 Mike K Sun, 12 Jul 2009 23:21:48 +0000 http://creditquestions.org/credit/do-you-have-to-have-good-personal-credit-in-order-to-obtain-business-credit#comment-1466 I htink you should just fill out the application for a business credit card and see what happens. I know you need some good credit go get a account. So its worth a try. I htink you should just fill out the application for a business credit card and see what happens. I know you need some good credit go get a account. So its worth a try.

]]> By: CreditCards.com http://creditquestions.org/credit/do-you-have-to-have-good-personal-credit-in-order-to-obtain-business-credit/comment-page-1#comment-1465 CreditCards.com Sat, 11 Jul 2009 01:58:06 +0000 http://creditquestions.org/credit/do-you-have-to-have-good-personal-credit-in-order-to-obtain-business-credit#comment-1465 Hi. You don't have to have perfect credit to get a business card, but good personal credit sure helps. Business credit cards are issued on the basis of the business owner's personal credit record. If your personal credit isn't so good, you still might get a business credit card, but the rate will be high and the credit limit will be low. Please don't pay attention to anyone who says your personal credit is entirely different. Sounds to me like they want to sell you something. Until you have a long track record on your business credit, your personal credit IS your business credit. Hi. You don’t have to have perfect credit to get a business card, but good personal credit sure helps.

Business credit cards are issued on the basis of the business owner’s personal credit record.

If your personal credit isn’t so good, you still might get a business credit card, but the rate will be high and the credit limit will be low.

Please don’t pay attention to anyone who says your personal credit is entirely different. Sounds to me like they want to sell you something. Until you have a long track record on your business credit, your personal credit IS your business credit.

]]> By: complete co http://creditquestions.org/credit/do-you-have-to-have-good-personal-credit-in-order-to-obtain-business-credit/comment-page-1#comment-1464 complete co Tue, 07 Jul 2009 23:44:05 +0000 http://creditquestions.org/credit/do-you-have-to-have-good-personal-credit-in-order-to-obtain-business-credit#comment-1464 No you do NOT. Your personal credit is entirely different. Visit this site for more info. No you do NOT. Your personal credit is entirely different. Visit this site for more info.

]]> By: Anjell http://creditquestions.org/credit/do-you-have-to-have-good-personal-credit-in-order-to-obtain-business-credit/comment-page-1#comment-1463 Anjell Sun, 05 Jul 2009 07:24:02 +0000 http://creditquestions.org/credit/do-you-have-to-have-good-personal-credit-in-order-to-obtain-business-credit#comment-1463 Mostly yes, especially if you're a sole proprietor. If you are taking on business credit, then you're personal financial report is what counts. Basically if you can't control your own finances, how can you do that of your business'? If you have a corporation and say 2-3 people need to be in on the business loan, they will look at the overall financial assessment of each individual. It's always good to have a great credit score, cash supply (within reason cuz you are borrowing) and collateral (vehicle, house, stocks, etc...) Good luck! Mostly yes, especially if you’re a sole proprietor. If you are taking on business credit, then you’re personal financial report is what counts. Basically if you can’t control your own finances, how can you do that of your business’?

If you have a corporation and say 2-3 people need to be in on the business loan, they will look at the overall financial assessment of each individual.

It’s always good to have a great credit score, cash supply (within reason cuz you are borrowing) and collateral (vehicle, house, stocks, etc…)

Good luck!

]]> By: mister ed http://creditquestions.org/credit/do-you-have-to-have-good-personal-credit-in-order-to-obtain-business-credit/comment-page-1#comment-1462 mister ed Thu, 02 Jul 2009 06:51:58 +0000 http://creditquestions.org/credit/do-you-have-to-have-good-personal-credit-in-order-to-obtain-business-credit#comment-1462 of course unless you have some really strong security to put up that out weights the low credit score!!! of course unless you have some really strong security to put up that out weights the low credit score!!!

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