I have a corporation I don't use but I would like to use it to get a credit card. If I am not using the corporation so I assume I wont need to pay taxes, but could I get a credit card using the EIN and not worry about any consequences.
2007-07-01 15:26:43 · 3 answers · asked by itsmetibbs 2 in Business & Finance ➔ Taxes ➔ United States
Yes, but unless your corp has a satisfactory D&B rating you'll have to personally guarantee payment of the bills. Your personal credit rating will determine if you will be an acceptable guarantor for the card.
Maintaining a corp that doesn't so any business doesn't make much sense. You still have the costs of the required filings whether you have any income or not.
2007-07-01 17:47:40 · answer #1 · answered by Bostonian In MO 7 · 0⤊ 0⤋
Yes you can but most CC cos, I know Amex for sure will inquire on your credit as well.
2007-07-01 23:20:42 · answer #2 · answered by Anonymous · 0⤊ 0⤋
I think you can
2007-07-01 22:29:08 · answer #3 · answered by mohan r 2 · 0⤊ 1⤋