Small Business Owners and Credit Cards
Many small business owners do not think about how their credit will be affected when using credit cards for their business expenses. Personal credit scores drop dramatically when personal revolving credit balances increase. Revolving credit is anything you can pay the minimum and charge the maximum. As the balances increase on this type of credit scores drop. The closer the balance gets to the limit the more of a nose dive tthe Fico score will take. If a bookkeeper is late on a credit card payment for the business it will drop the business owners personal credit scores dramatically. This could be devastating for the business owner as a consumer.
For more information on credit restoration, view North Shore Advisory’s website
About Tracy Becker
Visit Our Main Website For Credit Repair Help
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.
Read all the great things our clients have to say about us! Click here...