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dpb dpb is offline
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Default OT how to get a "business credit history"

On 7/5/2013 11:19 AM, Joe Gwinn wrote:
....

There is one thing to beware of: Business credit cards are not covered
under the lability limitation of personal cards, so if someone steals
the card or the number, you may be liable for the total. Unlike
personal cards. There was an article in The Wall Street Journal about
this some years ago. I would ask some pointed questions.


If one is terribly concerned, one can get a separate personal CC and use
that strictly for business. The problem is then twofold--

1) have to remember to segregate usage religiously for it really help
any accounting-wise, and

2) more pertinent to Iggy's problem it won't do anything to aid the
credit rating of the business entity which is the present issue...

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