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Found 1 result

  1. Hi, I has a Sole Proprietary company with its own EIN. The company owns two cars with loans taken under his SSN. I want to shift such liability to his business to build business credit. Someone told me that I need to change business structure to LLC to do such shift. Which order of action would be better and how to shift the car loans from my personal credit report to company's credit report Change the company to LLC then do correction in credit report to put the loan under the company or Do correction in credit report to put the loan under the company then change it to LLC. I appreciate your response and help.