Q&A Video: Using Business Credit Cards To Protect Your Personal Credit

John Ulzheimer

John Ulzheimer | Q&A Videos

Jul 08, 2015

While it’s not a bad thing to have credit cards on your credit reports, it is a bad thing to carry a ton of debt and have late payments on your report. To avoid this, some people create a business for themselves and open small business credit cards. Business credit cards do not usually report to the regular consumer credit reporting agencies, so the activity on the card won’t affect your credit, for good or for ill.

Learn more about this strategy in our Q&A video with credit expert John Ulzheimer.

Was this helpful?

The responses below are not provided or commissioned by bank advertisers. Responses have not been reviewed, approved or otherwise endorsed by bank advertisers. It is not the bank advertisers' responsibility to ensure all posts and/or questions are answered.

The Insider

Brendan Harkness
Review of the Chase Freedom Unlimited Credit Card
Brendan Harkness | Apr 24, 2018

The Chase Freedom Unlimited provides a flat 1.5% cash back for every purchase, along with other benefits. Read our review to see if it's right for you!

Read More
Brendan Harkness
Review of the Chase Sapphire Preferred Card
Brendan Harkness | Apr 19, 2018

The Chase Sapphire Preferred is popular for its travel and dining rewards, but is it right for you? Read our review to decide for yourself.

Read More
John Ganotis
Chase Credit Cards: An Overview
John Ganotis | Apr 16, 2018

There's a wide variety of Chase credit cards, mostly designed for people with great credit history and credit scores. Is one of them right for you?

Read More