Posts Tagged ‘Cards’

How does a corporation obtain good credit at start?

Sunday, September 13th, 2009
Project EX asked:


Hello, I just finished opening my own corporation. I received my federal Tax ID number, and went ahead and applied for a Bank Account.

Question #1 my question is, what sort of programs could i sign up for: Credit Card, i guess, so i can raise the companies credit, and able to buy a good amount of inventory $900 – $2,500 a month depending without the fear of taking out a lease.

I have thought about American Express, since they have expectional customer service, and great cards

Question 2: When i apply for a Credit card for my company, and it asks for my social secruity number, does it check my credit or the companies credit?

Thank you
Just to add a few details: How is a company supposed to build credit, if its expecting a regional launch in 5 months? I have a 730 credit score, with a few inquires from my bank in September / October 2006, which should be ok.

I’m assuming the Credit Card should be accepted, I don’t see any reason why not.
Just to add a few details: How is a company supposed to build credit, if its expecting a regional launch in 5 months? I have a 730 credit score, with a few inquires from my bank in September / October 2006, which should be ok.

I’m assuming the Credit Card should be accepted, I don’t see any reason why not.

get credit

How to raise my credit score? Where to get my credit score?

Monday, August 17th, 2009
A A asked:


I paid a service for my credit score but apparently b/c I didn’t buy the best package they show payment and history but not the actual score.

What is the best most reliable and cheapest place to get my credit score?

Also, what are some way to raise my credit score? Obviously to pay off anything thats not paid off. Should I close out cards I have low balance on and don’t use much? Should I write companies and make sure they take old things off my credit report?

What can I do?

get credit

What credit card should I go for citi bank or bank of america?

Monday, August 17th, 2009
azkoolchik asked:


I have a credit score of 700 and wanting another credit card. I was thinking about citi bank or bank of america. What one should I get? I only have one other credit card from Wumu. I want a credit card that report to the 3 credit bureaus every month. Anyone has either one of these cards, if so, what one did you like and why?

credit card

How does a canceled credit card affect your credit score?

Sunday, August 16th, 2009
bayercruz asked:


I’ve had two credit card companies cancel their cards with me because I had not used their cards in years, how will this affect my credit score? Do they let the major credit bureaus know why it was canceled?

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