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Visa Credit Card Application
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Business Credit Card
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Effectively, the new business credit card issuer will assume the outstanding debt [that you owe on the previous card] by paying off the business credit card issuer and then billing you for it. The proof is in your credit record. If you've financed a car loan or other purchase, you probably have a record at a credit agency (CRA) (The most common type of CRA is the credit bureau).
