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Updated about 1 year ago,
Chase Business Credit Card Reporting On Personal
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.