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 […]
Credit Score
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 […]
6 Powerful Ways to Improve Your Business Credit Score
Your business credit score is crucial to the overall health and success of your business. If you own a company and have any kind of open credit, then you will have a credit score. If you are looking to get financing then you may want to explore different ways to improve yours, so that you […]
5 Tips to Improve Your Business Credit Score
Most people have a decent understanding of their personal credit score, but not so many are as familiar with their business credit scores. Your business credit score is crucial in determining whether or not your enterprise is fit to borrow, how much interest you’ll have to pay on credit, and in some cases, whether or […]
Your Personal Credit Score Matters More Than You Realize to Your Business
As an entrepreneur, it is assumed that you are aware that your business credit matters. It makes a difference in applying for loans, it affects your credit score, and improves your ability to apply for credit with your vendors. But How Aware Are You? Lenders of all kinds, especially banks, will look at how your […]
Why Personal Credit Matters When Funding Your Business
Once you register your business as an LLC or a corporation, it begins building its own credit score. This doesn’t render your personal credit score irrelevant, though, because it takes some serious time and revenue for your company to stand entirely on its own. If you have a poor credit score, that can cause problems […]
What is a Credit Inquiry and Why is it Important?
There are a lot of factors that go into determining your credit score. While you’re likely aware that being tardy in repayments or declaring bankruptcy are the kinds of things that can damage your credit score, are you aware of the impact that a credit inquiry can have on your score? Below we’ll take a […]
5 Ways You Could Be Damaging Your Company’s Credit Score
Almost every small company needs to borrow at one point or another, and ideally sooner than later. And when you do, your credit score will dictate who does business with you and at what interest rate. So it’s in your interest to keep your score as high as possible. Here are a few common pitfalls […]
How to Improve Your Credit Score Before Making Important Investments
Being a successful and responsible adult involves taking important decisions like the place where we desire to live, to consider a retirement fund or even an extra income out of Forex Trading. However, prior deciding for any of these viable ways to invest our money we should consider what do banking entities and businesses, in […]
