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Is It Illegal to Use a Business Credit Card for Personal Use?

CreditStrong for Business

As a business owner, finding the right credit card is an important step in building your business and getting perks and rewards along the way. But once you have a business credit card, can you use it for personal expenses as well? Is It Illegal to Use a Business Credit Card for Personal Use?

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How Long After Paying Off Your Credit Cards Does Your Credit Score Improve?

CreditStrong for Business

It can be nail-biting to wait for your credit score to update after paying off debt. Especially if that bump in your score is helping you get approved for a new car loan, mortgage, or revolving credit account. In some cases, it can take up to two months for your credit score to reflect the payoff.

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Are Business Credit Card Fees Tax Deductible?

Fundera

You have expenses that are both expected and unexpected, as well as the inevitable credit card bill. More often than not, your business credit card ends up being your best bet to keep the ship floating. But that also means you’re likely to come up against business credit card fees, which can add up.

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How to Fix My Credit Myself and Save Money on Credit Repair

CreditStrong for Business

Fixing your credit might seem complicated, but it’s actually a simple process. Not to mention, working with a credit repair company can be expensive. Don’t drop hundreds of dollars on credit repair if you don’t have to. Recent credit score statistics show that 54% of people never check their credit.

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How Long Do Late Payments Stay on Your Credit Report?—Everything You Need To Know

CreditStrong for Business

Unfortunately, regardless of the reason, they will affect your credit score. Still, you may be wondering—how long do late payments stay on your credit report? How Different Entries Affect Your Credit Score Equifax , Experian , and TransUnion , the three major credit bureaus, compile the data that creditors report.

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Hidden Credit Card Offers You’re Not Taking Advantage of Right Now

Due

From helping you build a credit history and offering liability protection to entitling you with bags of rewards – credit cards are, indeed, of thousand utilities. However, do you know your credit card can award you more than what you already know? Leveraging them may allow you to save significantly.

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How Long Do Late Payments Stay on Your Credit Report?

CreditStrong for Business

Late payments remain on your credit bureau report and influence your credit score for seven years. Fortunately, there are ways to improve your overall credit profile to offset the adverse results that late payments have on your credit score. What Is Considered as a Late Payment? on the due date are deemed as late.