01-04-2013 08:02 AM
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?
01-04-2013 08:20 AM - edited 01-04-2013 08:21 AM
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.
01-07-2013 03:57 PM
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.
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