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  • business credit cards FAQ


    I wouldn't worry about it. As long as you make the payments it really doesn't matter what you use the cards for. Fraud is extremely difficult to prove to begin with, so imagine a credit card company trying to prove what you purchase is not related to


    Yes, it is illegal to use a business account for personal expenses.


    People think once they screw up their own personal credit the next thing they can do is have a business and get credit that way but it doesn't work like that. Your personal social security number and credit rating are going to be used to extablish credit


    People think once they screw up their own personal credit the next thing they can do is have a business and get credit that way but it doesn't work like that. Your personal social security number and credit rating are going to be used to extablish credit


    Personal credit cards are issued to "Persons" and the person is the respondent.(Owes the money.) The business card is issued to a "Business" for the purpose of charging items related to or for that business..Normally business cards


    There is nothing illegal about keeping those cards, for as long as you can afford to pay your monthly dues. But you can request the bank to convert the same into a personal account because it can be done that way as well. Canceling that card is also

    business credit cards news

    Americans Owe Less on Their Credit Cards

    23.02.12

    ATLANTA, Feb. 21, 2012 /PRNewswire/ -- Equifax (NYSE: EFX) reported today that nearly 60 of the top 100 metropolitan statistical areas (MSAs) hardest hit by credit card debt realized double-digit declines in the percentage of income owed to credit card companies—nearly 24 percent in some areas*.

    (Logo: http://photos.prnewswire.com/prnh/20060224/CLF037LOGO )

    The cities with the most sizable reductions are clustered in four states across the country: Florida, Louisiana, Washington and California.  Florida tops the list as the state with the most cities—five— realizing the largest declines.


    Source: Sacramento Bee