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2 votes
2 answers
312 views

Loaning money to your small business by billing yourself and paying with personal credit card?

Can you loan money to your own small business by billing yourself and making a payment to it with your personal credit card? How would the accounting work on that? The business isn't actually billing ...
BladePoint's user avatar
2 votes
3 answers
191 views

Does it improve my credit if I pay my credit card bill off several times a month as I use it?

I have a secured credit card of $200, if I used 30% (about $60) in the first time and pay my credit card balance in full after one week, then spend another $60 and pay it after a week, and continue in ...
Sardar's user avatar
  • 21
4 votes
2 answers
326 views

When getting a business loan, does it look better to owe the IRS or the credit card companies?

I am looking to take out a $40,000 loan to buy out my mother's existing business, that is doing quite well. I explained to the loan officer, in a phone conversation, (I have not yet sent in my ...
Stephanie's user avatar