Finimpact

Frequently Asked Questions (FAQ)

Does personal credit affect business credit?
It can, especially if the business owner hasn’t efficiently separated business credit accounts from personal accounts.
Can personal credit be used in business?
Technically yes, but for tax and credit management purposes, it’s easier to keep them separated.
Is business credit the same as personal credit?
No, business credit is handled differently by credit scoring agencies, who use different credit measurement metrics for personal and business accounts.

About the Author

Brian O'Connell

Former Wall Street Bond Trader and Best-selling Business Book Author

Content contributor for brand name companies like Experian, Bloomberg, PNC Bank, and many others.

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