@Southern_Regime 1) What is wrong with these cards? 2) Also, what is wrong with these cards reporting to personal credit?.. Basically why are saying these cards need to be avoided? Thanks
@@rustbeltgypsy3713 The best part of having business credit cards is that they won’t tank your score if your max them out. On your personal credit report, utilization is 30% of your score so if you max out your credit cards or have high usage, your score will drop dramatically. On business cards, utilization isn’t a real concern, you just need to make sure you pay the cards on time. You want to avoid these cards because even though they are business cards , using them could lower your personal credit score.
What does it do? Why¿?????
Are you asking why they are business cards but report to your personal credit report?
@Southern_Regime 1) What is wrong with these cards?
2) Also, what is wrong with these cards reporting to personal credit?..
Basically why are saying these cards need to be avoided? Thanks
@@rustbeltgypsy3713 The best part of having business credit cards is that they won’t tank your score if your max them out. On your personal credit report, utilization is 30% of your score so if you max out your credit cards or have high usage, your score will drop dramatically.
On business cards, utilization isn’t a real concern, you just need to make sure you pay the cards on time.
You want to avoid these cards because even though they are business cards , using them could lower your personal credit score.