Business credit card and personal file

cookiesnfooty

Hi guys,

I am just wondering I have a business card with HSBC but due to health issues the business was put on hold for a while. I have missed payments on and off over the last six months always catch up but do get default notices.

I notice all 3 CRA companies do not store the information under my name as it is a Limited Company I just used the card for business supplies then my health was massively impacted.

Will this always the case or if I don't sort it out will it eventually impact me personally?

The debt is £2k

Thanks.

Arleen

That depends on whether you did give out a personal guarantee for the card? Check your contract, but it's quite likely that you did, and in this case, they eventually will execute it to chase you for the money personally.