Credit Cards Center Credit cards from our partners
Reply
New Member
Posts: 2
Registered: ‎01-04-2013
0

Business Credit Card & Authorized Users

We recently signed up for a business account with Capital One. During the application process it asked for my personal SS# as I am the president/owner. My first question is besides the inquiry will they report to my personal credit report? Also when I want to add an authorized user it asks for their SS#. Why do they need my employees/authorized users SS# and will the corporate payment history after their personal credit reports?

Contributor
Posts: 104
Registered: ‎12-01-2012
0

Re: Business Credit Card & Authorized Users

Yes, this does report to your personal credit report. You can add authorized users to the account.

Highlighted
New Member
Posts: 2
Registered: ‎01-04-2013
0

Re: Business Credit Card & Authorized Users

Thanks, but does it report to my authroized users/employees credit reports?

Contributor
Posts: 104
Registered: ‎12-01-2012
0

Re: Business Credit Card & Authorized Users

[ Edited ]

You will need to confirm with Capital One; however, when I got my card (which was about 2 years ago), I believe they indicated it reported to my personal credit report, but it did not for any auth users, but I would suggest you confirm that with Capital One, as anything can change with credit card companies and their reporting. I know when I had my Corporate Amex when I worked in the insurance industry, I had a card, and they requested my SS# too, but it did not report to my personal credit, but I know AMEX is a bit different.

New Contributor
Posts: 132
Registered: ‎11-21-2012
0

Re: Business Credit Card & Authorized Users

It won't report for the employee's unless you are late or you default then it will pop up no theirs most likely even though it shouldn't. That happens all the time.

Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.