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What's the difference between personal LOC and a business CC?

Posted on 6/17/13 at 10:07 pm
Posted by Dubz17
Baton Rouge
Member since Feb 2013
1173 posts
Posted on 6/17/13 at 10:07 pm
I'm about to start my own insurance agency within the year and wanted to know the pros and cons of both?
Posted by Teddy Ruxpin
Member since Oct 2006
40893 posts
Posted on 6/17/13 at 10:21 pm to
From what I understand, they will check your personal credit to issue the business CC, but the business CC will not be on your personal credit report.
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
78446 posts
Posted on 6/17/13 at 11:00 pm to
Good luck. Are you buying a book of business or starting from scratch?
Posted by Dubz17
Baton Rouge
Member since Feb 2013
1173 posts
Posted on 6/18/13 at 8:10 am to
State Farm-I'm inheriting a book of business but I need to have access to 100k
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