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A comment on Beware self-funded Startups: failure can haunt you for a long time. Parent comment

Re:Beware self-funded Startups: failure can haunt you for a ... by alain94040 on Sunday December 05, 2010 @01:54PM (#1972307)
This is not how it works. When you open your business credit card, make sure it's not a personal credit card in disguise. The credit card needs to really be linked to the business. Then, iy cannot be switched to personal, ever.

The trick is that many credit card companies will be happy to extend credit to you personally (your SSN), and agree to print a fancy "company name" on the card, so it makes you feel important. Wrong approach.

It's simple to tell: if you provide your SSN, you lose. If you only provide your company's EIN, fine (and read the small print).

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Re:Beware self-funded Startups: failure can haunt you for a ... by StartingOver on Sunday December 05, 2010 @02:57PM (#1972476)
Yes, good to know. They kept things under the EIN until it went unpaid, then they switched to my SSN. That got my attention, of course, and I've learned a lot since then.
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