Business credit affect on personal utilization

[CreditPacMan]

Do business cards report utilization separately or just as regular card with a new CL on my personal CR?

[simplynoir]

Business cards do not report utilization or anything really on your personal credit reports with a handful of exceptions (Discover and Capital One to name a few). The only time business cards will report to your personal credit reports is if you default on your account and it is sent to collections

[CreditPacMan]

@simplynoir So the only reason they ask for personal info on the application is in case something goes wrong? 

[simplynoir]

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@CreditPacMan wrote:

@simplynoir So the only reason they ask for personal info on the application is in case something goes wrong? 

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@CreditPacMan 

Correct. You're applying and get business credit through a personal guarantee aka PG so you're taking a risk with your personal credit/income/assets to recoup any losses in an event of a default. It's why even if you have a EIN to provide for your business they still ask for your SSN. There are a few credit lines that do not require a PG but they are more geared toward their own stores/products like Sam's Club and so on so not as beneficial as other biz cards

[Anonymous]

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@CreditPacMan wrote:

@simplynoir So the only reason they ask for personal info on the application is in case something goes wrong? 

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No, it's because they're using your personal info to decide whether or not to approve you, same as with personal cards. Most biz CC won't show up on your personal report... unless you default on them in some way.