Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Personal Finance
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 1 year ago,

User Stats

23
Posts
10
Votes
Mark Koontz
  • Rental Property Investor
  • Maryland
10
Votes |
23
Posts

Chase Business Credit Card Reporting On Personal

Mark Koontz
  • Rental Property Investor
  • Maryland
Posted

A little under a year ago, I got a Chase Ink Business Cash card under my LLC to finish a rehab. Everything I read at the time (and still read), is that Chase Business cards do not report to your personal credit UNLESS you are not in good standing. I have had nothing negative on the business or personal side since. The other day I got a copy of my credit report and the Chase card is on there. I have also taken a ~60 point hit due to the utilization (I'm guessing - its maxed out at 12K until the 0% APR is up). I was at ~760s score and now ~700. Once the 0% APR is up this month, I am going to pay it off in full, or balance transfer onto another card with 0%. I have one personal CC which is paid off every month.

My question is - am I able to take any steps to rectify the credit hit? Dispute the trade line? I called Chase which ended up with me being transferred multiple times and no one was able to answer my question. I plan on buying a primary residence this year and don't want to run into any issues when it comes to financing. 

Loading replies...