Legal Question in Credit and Debt Law in California

Credit cards

In need to know if it would be legal to use my personal credit card as cash advance to start a business?


Asked on 8/28/07, 5:00 pm

2 Answers from Attorneys
H.M. Torrey The Law Offices of H.M. Torrey

Re: Credit cards

Yes, you may use your credit card for any and all lawful, unrestricted purposes, including but not limited to starting a business, so long as your intent or conduct is not fraudulent. You may want to retain legal counsel for properly and cost effectively starting your business as well.

Read more
Answered on 8/28/07, 5:07 pm
Michael Stone Law Offices of Michael B. Stone Toll Free 1-855-USE-MIKE

Re: Credit cards

Why not make an appointment with a banker? Maybe you could get a better interest rate than what the credit card companies charge.

Read more
Answered on 8/28/07, 6:51 pm


Related Questions & Answers

More Credit, Debt and Collections Law questions and answers in California