Don’t Mix Business With Personal Credit
If you are an entrepreneur or freelancer it can be quite important that you separate your personal credit from your business credit. That way if anything happens to your business, creditors can’t raid your personal accounts.
Acquiring a couple of business credit cards is also a good idea because most business credit cards do not report on your personal credit report. In this way a business credit card can come in handy in an expensive emergency because if they are maxed out they are not likely to affect your personal credit scores.
In fact if you don’t want your credit history reported to a national credit reporting agency at all the best thing you can acquire is a business credit card from a credit union. However to benefit from making timely payments, you usually have to coax a credit union into reporting your credit scores at all.