Comments on: How does a corporation obtain good credit at start? http://creditquestions.org/credit/how-does-a-corporation-obtain-good-credit-at-start 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: Richard N http://creditquestions.org/credit/how-does-a-corporation-obtain-good-credit-at-start/comment-page-1#comment-3097 Richard N Sat, 13 Feb 2010 01:59:22 +0000 http://creditquestions.org/credit/how-does-a-corporation-obtain-good-credit-at-start#comment-3097 I would get a credit card in your own name and after you have been with the credit card co. for a time that you have established good credit with them , then you can call and have your corp. name added to the account showing the corp name first and as you the responsible one. this will start establishing your corp name and you can use it to apply for credit do this with 2or 3 credit cards that you do don't use for personal use second question is they check your credit everything goes my s.s or fid so make sure that you give them your fid when adding to your credit card good luck I would get a credit card in your own name and after you have been with the credit card co. for a time that you have established good credit with them , then you can call and have your corp. name added to the account showing the corp name first and as you the responsible one. this will start establishing your corp name and you can use it to apply for credit do this with 2or 3 credit cards that you do don’t use for personal use second question is they check your credit everything goes my s.s or fid so make sure that you give them your fid when adding to your credit card good luck

]]> By: Belle http://creditquestions.org/credit/how-does-a-corporation-obtain-good-credit-at-start/comment-page-1#comment-3096 Belle Wed, 10 Feb 2010 03:37:38 +0000 http://creditquestions.org/credit/how-does-a-corporation-obtain-good-credit-at-start#comment-3096 The credit is NOT on the company but its owner. YOUR personal credit must be in good standing to obtain a credit card with American Express, above the 600 point range is best. Aim slightly smaller & get a card from Orchard Bank or other company if your credit score's less than stellar. Use that to build your credit for a year or two, then apply with AMEX. Make sure to build your credit by paying your other bills on time...mortgage (if you have one) gas, electric, phone (wired/landline & cellular), cable or satellite, internet & so forth. If you need cash for merchandise, consider applying for a personal line of credit from your local bank or credit union. The credit is NOT on the company but its owner. YOUR personal credit must be in good standing to obtain a credit card with American Express, above the 600 point range is best.

Aim slightly smaller & get a card from Orchard Bank or other company if your credit score’s less than stellar. Use that to build your credit for a year or two, then apply with AMEX. Make sure to build your credit by paying your other bills on time…mortgage (if you have one) gas, electric, phone (wired/landline & cellular), cable or satellite, internet & so forth.

If you need cash for merchandise, consider applying for a personal line of credit from your local bank or credit union.

]]>