Business Opportunities Weblog

Why You Shouldn’t Use Personal Credit For Your Business

By on June 9, 2009 in Ideas

Credit Cards
photo credit: Andres Rueda

ActiveRain describes on possible reason that it might not be best to use your personal credit, if you can help it.

What might be perfectly normal and acceptable for a business credit profile, such as submitting multiple applications for business credit, can have a serious negative impact on personal credit because of what’s called excessive inquiries.

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Jaclyn Wells has added 734 posts to Business Opportunities Weblog.

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  • http://redhotfranchises.com RedHotFranchises

    Thanks for the information. For new Business Owners, It’s always best to keep everything absolutely separate, although sometimes it may get dicey!

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