I do not bring back this credit stuff... can someone abet me?
Answers: It depends on the type of business entity you set up - a Sole Prop would be perfect for buying a personal motor with business cerdit: contained by a Sole Prop, you ARE the business!
If you are an LLC, Corporation, or Partnership, the details are a little more sticky, but still pretty smooth to do (as long as some conditions are met).
Talk to your business banker or accountant - they can serve you look at the big picture and see if that would work for your specific company.
Can debt collection agency hold away SSDI or SSI?
It is possible. My boss, the president of his own small company, just bought a truck for "his business", but he uses it for personal use. He did indistinguishable thing beside his wife's Lexus SUV. It's registered with the company, but she uses it for personal reason. AND...your business's credit worthiness and ability to pay envelope has to be appropriate enough, plus afterwards you'll have to foot commercial insurance rates, not residential
If you are buying a car for the business.
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