What will happen to my personal credit score if I do not repay a business charge card's balance in full?

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Michael Battle, WalletHub Credit Card Analyst

@mikebattle • 09/21/18 This answer was first published on 09/21/18. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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As with personal credit cards, you are personally liable for unpaid business credit card balances. That's why you must apply with a SSN and not with a EIN only.
That extends to credit score effects, as your personal score will drop if you have late or missed payments.
With this said, with regular credit cards, not paying your balance in full/carrying a balance is not considered a late payment, but when it comes to charge cards you are required to pay your balance in full every month.

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