Business,Credit,Cards,amp,Your finance, share, loan Business Credit Cards & Your Personal FICO Score
Thankfully, there are now several web sites that are there to help people like you with bad credit to find the fast personal loans that you need. When you have bad credit, the first thing that you should be looking for is a loan company that If your financial problems have reached the point where you do not see a way out and you feel as though you are drowning in debt, your best way out is through declaring bankruptcy. Filing may well allow you to get your finances back on track
There are situations where your employer pays your business credit card bills, but what happens if your employer makes late payments? How does this affect your personal FICO score? As you probably know, a few late payments can adversely affect your credit score. Its one thing if youre the one making the late payments. When its out of your control, then what? According to Fair Isaac Corporation (FICO), late payments on your company issued credit card can adversely affect your credit score in the same way late payments on personal credit cards can. It all depends on whether or not the credit card issuer required personal information to apply for and get approval for the corporate credit card.As you should be pulling and monitoring your credit reports once or twice a year anyway, be sure to check for the corporate card on your credit reports. If the corporate credit card is listed as one of your accounts on your credit reports, then late payments are being reported, which means your credit score may be in harms way. If the corporate credit card is not listed, then the activity for this card is NOT being reported to the credit agencies on a monthly basis. Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri","sans-serif"; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-fareast-font-family:"Times New Roman"; mso-fareast-theme-font:minor-fareast; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin; mso-bidi-font-family:"Times New Roman"; mso-bidi-theme-font:minor-bidi;} About the Author Kristie Lorette is a freelance writer and marketing consultant that specializes in personal finance. She is also the editor of The Mortgage & Credit Diva, a blog devoted to mortgage and personal finance tips, tricks, and advice for consumers. You can read Kristies blog at www.mortgageandcreditdiva.blogspot.com or learn more about her writing and marketing services at www.studiokwriting.com.
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