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Updated about 16 years ago on . Most recent reply

Dave Kennedy's profile image
Dave Kennedy's profile image
Dave Kennedy
  • Real Estate Investor
  • from Georgetown, Massachusetts
  • Member since Feb 10, 2008
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250
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6
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Dave Kennedy's profile image
Dave Kennedy's profile image
Dave Kennedy
  • Real Estate Investor
  • from Georgetown, Massachusetts
  • Member since Feb 10, 2008
Connect
Dave Kennedy
  • Real Estate Investor
  • Georgetown, MA
6
Votes |
250
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Off Topic

Small Biz Credit Card - Do you pay?

Dave Kennedy
  • Real Estate Investor
  • Georgetown, MA
Posted

If you took out a small biz credit card with 0% interest for 12 month in order to buy things for a start up and floated the balance until you start making income to pay it off does it hurt your credit rating?

EX...lets say I buy $5,000 worth...but I don't pay it back until month 9. Will that hurt my credit? What if I paid the monthly minimum, does that help?

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