| Does business checking acct balance affect credit score? |
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darbygirl
First Time Poster
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Joined: 31 Jul 2006
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| Does business checking acct balance affect credit score? |
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I work with my father-in-law in our small business. He will not allow me to pay our bills too far in advance of their due date because he insists that keeping our checking account balance as high as possible will improve our business credit. He says this is especially true at the end of the month. Is this true?
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Mon Jul 31, 2006 10:21 pm |
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bijan814
Full Member
Cash: $ 12.40
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Joined: 25 Jul 2006
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| Re: Does business checking acct balance affect credit score? |
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quote:
Originally posted by darbygirl
I work with my father-in-law in our small business. He will not allow me to pay our bills too far in advance of their due date because he insists that keeping our checking account balance as high as possible will improve our business credit. He says this is especially true at the end of the month. Is this true?
That is not true, keeping your checking account balance high will not improve your credit score
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Tue Aug 01, 2006 5:52 am |
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