Quote:
If your credit is bad and you incorporate, your credit is still bad. Nobody is going to give the corporation credit, they are going to base it on your personal credit and ask for your personal guarantee. Incorporating does you no good for the purpose of establishing credit
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Basically true...but as we all know, credit card companies(read BANKS) are in it for the money. They stretch the rules a little for
corporations.
Believe me...just form a corporation and within 30 days you will
be getting 50 credit card offers a week in the mail.
Start applying and you will be approved somewhere regardless
of personal credit.