Archive for June, 2006
June 10th, 2006 | 
Author: 
Angelica B asked:
My business is still in the growth stage but we have racked up debt close to $50000 that is sitting on my personal credit cards. Should I transfer that debt to a large credit line under my company name? Will that alleviate the stress on my personal credit debt? or will that not matter because it is still my corporation? Any assistance with this matter is appreciated. I only hope to clear these debts sooner than later..Thanks
Kathyrn Magro
My business is still in the growth stage but we have racked up debt close to $50000 that is sitting on my personal credit cards. Should I transfer that debt to a large credit line under my company name? Will that alleviate the stress on my personal credit debt? or will that not matter because it is still my corporation? Any assistance with this matter is appreciated. I only hope to clear these debts sooner than later..Thanks
Kathyrn Magro
Posted in Credit | 
Tags: Credit Card Debt, Credit Debt, Debts, Growth Stage, Lot, Personal Cards, Personal Credit Cards, Personal Debt, Stress | 
8 Comments »