Powered by Yahoo! Answers

Business-Credit Score?*

I just started my business and I wanna start building on credit score. What do I have to do? How I can start? Thanks.


Answers:

1) Good question. One credit card company sent me a business credit card in place of a personal card even though I have no business, and it is not reported on my personal credit report. But if I ever start a business I have $12,000 credit at 7.99%. I hear that if you want to get a loan or line of credit from a bank, you need a sound believable business plan to present to them (or assets for collateral).

2) This is a good article on building your credit, http://www.monitorbankrates.com/how-to-build-maintain-and-repair-your-credit



It may be that these answers have been provided by people who are not as knowledgable or familiar with this topic as you are. Because of this, CreditOptions gives you the ability to provide a better answer to this question and once your answer has been approved, it will replace the answers provided by Yahoo.

Click here to provide your answer to this question.

*The answers on this page are supplied by users of the Yahoo! Answers forum or by visitors to this site. CreditOptions does not necessarily endorse or agree with the answers provided.



Is Credit Repair Right for You?
Is Credit Repair Right for You?
Print this page del.icio.us this
Advertisement
Featured Sponsors
Quick Poll

Credit repair companies are a ...

total scam; the only way to clean your credit is to wait 7 years.
total scam; anything a credit repair company can do, you can do yourself.
good resource for people who need help cleaning their credit reports.
best starting point for anyone who has a bad credit score.
gift from the financial Gods

Is Credit Repair Right for You?

Find out in minutes with our free credit repair wizard. Start Wizard No Thanks