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	<title>Credit Card Application &#187; Negative Impact</title>
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		<title>Credit Card Merchant Accounts?</title>
		<link>http://credit-card-application-site.com/credit/credit-card-merchant-accounts/</link>
		<comments>http://credit-card-application-site.com/credit/credit-card-merchant-accounts/#comments</comments>
		<pubDate>Sun, 12 Jul 2009 06:56:32 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Credit]]></category>
		<category><![CDATA[Business Card]]></category>
		<category><![CDATA[Business Credit Card]]></category>
		<category><![CDATA[Card Merchant Account]]></category>
		<category><![CDATA[Credit Card Merchant]]></category>
		<category><![CDATA[Credit Information]]></category>
		<category><![CDATA[Credit Rating]]></category>
		<category><![CDATA[Financial Liabilities]]></category>
		<category><![CDATA[Hoops]]></category>
		<category><![CDATA[Merchant Accounts]]></category>
		<category><![CDATA[Negative Impact]]></category>
		<category><![CDATA[Personal Credit]]></category>
		<category><![CDATA[Social Security]]></category>
		<category><![CDATA[Social Security Number]]></category>
		<category><![CDATA[Tax Id]]></category>
		<category><![CDATA[Tax Returns]]></category>

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		<description><![CDATA[DMG asked: I recently submitted an application for a business credit card merchant account. It is an existing business with an existing merchant account with another company. This new provider wants me to give them my social security number even though the company has its own EIN/tax ID. Why would they want my social? Does [...]]]></description>
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<div><em><strong>DMG</strong> asked: </em><br/><br/><br/>I recently submitted an application for a business credit card merchant account.  It is an existing business with an existing merchant account with another company.  This new provider wants me to give them my social security number even though the company has its own EIN/tax ID.  Why would they want my social?  Does this open me up to financial liabilities of the company?  I know if they hard pull my credit information, this has a negative impact on my personal credit rating.  The other option is to jump through hoops of sending several years tax returns and months of bank statements.  What is the best course of action?<br />
We have been in business for almost 7 years so it is not from lack of history.<br />
This is not for a business credit card, it is for a merchant account to process credit cards.<br/><br/><a href=''>Clifford</a></div>
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