Access to Credit
How to Get Funding for Your Startup
One of the most daunting tasks as an entrepreneur is figuring out what startup funding method you will choose, and even if you decide to use your personal savings, what if you run out of money? Banks can be very picky regarding which businesses they will lend to, and many entrepreneurs may struggle to meet…
See Full Article Here ->NEWS UPDATE: FTC Files Lawsuit Against Credit Karma
Have you recently seen that you were “pre-approved” for a credit offer through Credit Karma? If so, you may be a victim of their deceptive claims. The Federal Trade Commission (FTC) published a press release on September 1st, 2022, addressing the action they have taken against Credit Karma for falsely stating their users were “pre-approved”…
See Full Article Here ->The Truth About How Your Credit Scores are Calculated
Whether applying for a credit card or a mortgage, a good credit score is a must to receive approvals with favorable terms. However, it is challenging to know what steps to take to improve your credit score without knowing what factors carry the most weight. With so many of your future financing options relying on…
See Full Article Here ->How Timely and Chunk Credit Card Payments Can Improve Your Financial Health
When budgeting for your monthly bills, you may wonder whether it’s best to pay off your credit card balances in full or make partial payments to free up funds for another purpose. Many also wonder if paying at least the minimum payment by the due date is best practice or if they should wait until…
See Full Article Here ->A Complete Guide to Business Credit Scores
Like individuals, businesses also receive a credit score. If you intend on getting financing for your business, you must prioritize understanding how to access, read, and improve your business credit scores and reports. What is a business credit score? A business credit score is a numerical measure that indicates how responsible and creditworthy a company…
See Full Article Here ->6 Credit Card Tips to Make Travel More Enjoyable
Traveling cross-country or abroad may expose your credit card to more risky situations than when you use it at home. Thus, it’s vital to protect yourself from any possible threats while reaping the rewards of using your credit cards for purchases on your trip. The tips in this article will help you protect yourself and…
See Full Article Here ->Choosing a Business Credit Card: Annual Fee or No Annual Fee?
Considering the abundance of business credit cards available without annual fees, it might seem counterintuitive to pay for the use of a credit card. Annual fees can give business owners many opportunities to save money on everyday expenses and offer perks and benefits worth more than the cost of ownership. To decide if a business…
See Full Article Here ->How to Start a Food Truck Business with Business Credit
For the food-loving entrepreneurs who desire more freedom and mobility than a brick-and-mortar restaurant allows, a food truck is perfect for you! The multibillion-dollar industry has experienced a 7.5% growth since 2016, and there are no signs of it slowing down any time soon. The health and fire regulations involved in running a food truck…
See Full Article Here ->You Just Got Your First Credit Card: Now What?
Your first credit card is often the first step to establishing your credit. For many, it’s a make-or-break milestone. After hearing horror stories about lives ruined from poor credit, having a credit card can be scary. However, your experience with credit cards is entirely in your control. By following these tips, you can avoid becoming…
See Full Article Here ->8 Tips for Beginner Real Estate Investors
There are many opportunities for wealth within real estate investing to increase cash flow, retire comfortably, and reach your financial goals. As you dive deeper into purchasing your first property, you see more is involved with real estate investing than just buying a property and placing a tenant. Following these eight tips can help any…
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