Do business credit cards show on personal credit?
The answer if NObusiness credit usually does not show on personal credit reports and this is a very good thing. Some business owners charge $100,000 of debt on their credit cards and carry balances that are very close to the limits. If these cards showed up on persoanl credit it could be the destrution of many personal credit scores. This could have a very bad consequence for the individual who signed personally for this financing since the scores drop dramatically when they pick up on high balances.
About Tracy Becker
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For over two decades, I have owned and operated a Credit Education and
Restoration Company. We can increase Fico Scores by hundreds of points and
our fee is billed based on success. I enjoy Public Speaking across the
Country where I work with all kinds of Professionals, helping them find
solutions to Credit Problems. I have Expertise in both personal and
business credit. I've worked with thousands of people leading them into
better credit and ultimately, financial health and more opportunity. I
educate Bankers, Realtor's, CPA's, and Finance Experts on Credit from A-Z.
I'm also publishing my second book "Credit Score Power". Lastly, I've been
interviewed on national Television and Radio as a Credit Expert. Feel free
to contact me if you have any credit questions or clients who wish to
increase their credit score.
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