Making continual improvements to your small business is essential to ensure ongoing growth and success. Activities like consistently monitoring your cash flow, using social media for marketing purposes, and knowing your strengths are essential. After all, if you know your strengths, you also know what areas need attention and improvement efforts. Regardless of if you […]
Credit Score
5 Ways to Boost Your Small Business Credit Rating
Photo Courtesy of iStock.com Small business owners spend their busy days dealing with customers, negotiating with vendors, and finding ways to improve their companies. While dealing with so many responsibilities, many owners can neglect to care for their credit rating, which can help their business grow and thrive. Your business credit rating is one of […]
5 Surefire Ways to Keep Your Credit Score High
Despite everyone’s best guess, consumer credit scores have increased during the coronavirus pandemic, according to a recent story published in The Wall Street Journal. Experts attribute the uptick to the government’s stimulus relief package and the payment deferments lenders and credit card companies granted customers who lost their jobs or fell on hard times as […]
7 Possible Reasons Your Credit Score Decreased
While consumer credit scores overall are increasing, that may not be the reality for everyone. If yours has dropped recently, here are seven possible reasons why. 1. You paid late or missed a payment Paying on time is the single most important factor impacting your credit score. It constitutes 35% of your FICO Score and 41% of […]
Pros & Cons of Freezing Your Credit
In a world where data breaches are increasingly common, many Americans are taking action to protect against credit and identity fraud. Freezing your credit (also called a security freeze) can be an effective way to ward off identity thieves and save yourself a lot of headaches and money down the road. A credit freeze temporarily suspends anyone […]
How to Improve Your Credit Score
If you’re trying to improve your credit score, the first thing you’ll want to do is understand how credit works and which actions can positively impact your credit score. Fortunately, the basics aren’t too hard — pay bills on time and don’t carry a lot of credit card debt. But the details and complexities can […]
4 Money Moves all Business Owners Need to Make
Are you a small business owner? What about an aspiring entrepreneur? If so, then you need to get your personal finances in order. These four money moves we discuss today will help you make the most of your money so you can focus on what matters, growing your business and becoming successful. Ultimately, these tips […]
When & How to Use a Payday Lender & Other Financial Tips
Amidst the pandemic, lenders are providing opportunities to help borrowers tackle their financial difficulties. Many lenders are offering loan extensions for a couple of months, reducing the interest rates and other flexibility options. Any future repayments that you encounter have to be made after taking precautions. Ensure that you obtain secure written documentation of the […]
Bad Credit? 5 Things to Do Before Applying for a Loan
Low credit score? The bad news is that your current credit score prohibits some lenders from doing business with you. Fortunately, there are lenders who are willing to extend financing to those with less than ideal credit. By finding the right lender and taking the time to follow the steps to qualify for a personal […]
Bad Credit – How It Happens and What You Can Do to Fix It
Bad credit is a challenge, but it doesn’t have to be the end of the road! Many adults live with and overcome poor credit ratings. Today we wanted to describe situations that lead to bad credit – and what you can do to alleviate the problem. The Formula A poor credit score may be as […]
