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If a credit card has a person's name a business name on it is the person responsible for it or the business?
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∙ 15y ago
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Wiki User
∙ 15y ago
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How can a person get so many business credit checks?
The best way for someone to get business credit checks are by going to the official experian website. They have an instant credit check and offer a range of services for different types of businesses.
Who can issue credit cards using a business tax id number?
A true business credit card is a line of credit that is taken in the name of the business, under the business' credit. Activity, whether good or bad, is reflected on your business' credit report through D&B and other financial institutions, and the liability for any debts incurred and bills owed is with the business.However, some companies out there offer "business" credit cards which they require a person guarantee for. These institutions will often ask for a personal guarantee, and will almost always ask for a social security number from the person applying for the card. If this is the case, the credit card is not a business credit card, but is simply a personal credit card which is used for the business. The business is not liable for bills and debts - you are.When applying for a credit card for your business, watch out for areas asking for your SSN (and not your TaxID or EIN) and be wary of any credit card that asks for a personal guarantee. By ensuring that your credit card is in the name of your business, you can help to build your business' credit, while avoiding creating problems with your own. Many companies offer a list of credit cards that are issued under the business name only. Those lists typically run $300-$900, depending on the quality of the information inquiring. I would suggest starting your search online via google or yahoo. Search for "strong business credit" (just like that in quotes) to find services that sell the information. Good luck, Ilya Bodner Small Business Owner Initial Underwriting Group
How can a person get their credit report score for free on an annual basis?
A person can get their credit report score for free on an annual basis by applying online at a credit report site that will offer free credit reports. Someone can fill out a report online, or mail one to a business that offers free annual credit reports.
Is service performed a credit or debit in accounting?
Depend on who perform the services. 1.if it is do by the business is debt becos he will be paid 4 it and money comes. 2.credit if the pays other person 4 the service
How can you receive payments on your credit card from another person?
The person can send the payment to the company with the payment notice. Be sure the account number is on the check, money order, whatever. The credit card co. doesn't care who pays, just as long as they get the money. This does not mean the person will be responsible for the account. The best option is for the person to pay the account holder and they pay by the regular process.
Different between credit control and salesperson?
Credit Control is the part of business which is responsible for negotiation with creditors and receiving debt timely from debtors. However, a sales person is only responsible for marketing and selling the company products.
Who is responsible for a persons debt after death?
The person who the will go with.
Who is responsible for a deceased person credit card debt in North Carolina?
The estate is responsible for the decedent's credit card debt.
Who is a sole proprietor?
A sole proprietor is a person who owns the business and is personally responsible for it debts.
How much would it raise your credit scores if you were added as an authorized user on a credit card?
If you are an authorized user of another persons credit it has no effect on your credit at all. It will not raise nor lower your score. The credit card company simple issues you a card with your name on it and then holds the person who holds the credit with them responsible for any charges you make.
How do credit card companies use a persons credit report?
To determine if that person should be given a loan or credit card
What if person uses deceased persons credit cards?
The use of a deceased person's credit card would constitute credit card fraud. Unlawful use of a credit card is a criminal offense.
What is the difference between personal credit and business credit?
The difference between personal credit and business credit is that personal credit only applies to one person; one's self. However business credit can be applied to the employees in any company which are covered by the business insurance.
Is it easier for a person with poor credit to refinance their house with the help of a cosigner who has excellent credit?
It can be easier if you use their credit by putting them on title on the home and use there credit, however they will be responsible for the loan and be on title as at least a part owner. If you use another persons credit to do a refinance, the other person must in most title states be put on title and will be responible for the loan even if you both sign which you would have to do.
What does executed mean?
A person responsible for an administration. A person or group of persons having administrative or supervisory authority in an organization.
Who is responsible for debt if a bank cancels a credit card?
The person who carried the card is still responsible for the debt.
Who is responsible for a deceased person credit card?
Bank's Insurance company
