Business Credit vs. Personal

Discussion in 'Credit Talk' started by carpedium, Jan 8, 2006.

  1. carpedium

    carpedium New Member

    Last December i Started an HVAC (Heating and a/c) Business, this requires many accounts at different vendors- most of which require a credit application- and a credit line of at least $5000 on each. There are at least 10 vendors i need accounts with. how will all of these effect my personal score? and how much does my personal score have to do with it? my balance to limit ratio is very high, mainly with trying to get things going with the business, and paying for things with school.

    My parter has good credit, and both of our names and SS# are on the applications.

    Any advise or suggestions?

    Thanks!
     

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