If I have a LLC registered under my name and I have a FEIN, will this effect my personal credit score??

Public Comments

1. No. If you don't open any bank accounts for the LLC under your personal SSN, the credit bureaus don't pick up any of the balances/activity. So if the LLC borrows money, it won't effect your personal credit score unless you co-sign for the loan and provide your SSN. As an example, if you get a corporate credit card under your LLC tax ID, it won't appear on your credit report at all.