Access to Credit
12 Great Ways Business Credit Can Reduce Your Worries
Managing your own organization can be a very stressful proposition. Contrary to what most people assume, running your own business is not just about meeting sales targets and clocking double-digit growth. There are a million other things that need to be taken care of. If you have your own business, you’re responsible for everything –…
See Full Article Here ->Are You Aware of the Impact Credit Inquiries Have on Your Credit Score?
On our blog, we’ve often discussed how important it is for you to check your credit report at regular intervals. By examining your credit report once every few months, not only can you stay on top of your credit, you can also take steps to correct mistakes immediately. While scanning your credit report, you may…
See Full Article Here ->Business Credit Cards vs. Lines of Credit: Which Is the Better Financing Option?
Most smaller organizations borrow funds at some point in time – either to stay afloat during tough times, or to expand operations when business is doing well. Two of the most common sources of finance are personal lines of credit and credit cards. These are similar in the sense that they are both revolving credit…
See Full Article Here ->Too Many Credit Inquiries on Your Credit Report? Here’s What You Can Do to Remove Them
Whenever you check your credit report, you’ll find a section titled “Credit Inquiries” or “Regular Inquiries.” These inquiries are made by organizations that pulled your credit report – and they can remain on your report for up to two years. I’m sure you’re already wondering if they have any connection with your credit score…
See Full Article Here ->The Connection Between Credit Scores and Mortgage Rates
For quite some time, mortgage rates have been at record lows. No doubt you’re already aware of this – whether in the papers or on the Internet, you must have seen “today’s mortgage rates” being advertised everywhere! However, what you probably don’t know is that not everyone gets access to these low rates. Mortgage…
See Full Article Here ->And You Thought You Knew Everything About Your Credit Score!
Many people invest considerable time and energy into maintaining and improving their credit. And for good reason too. After all, it’s their credit score that decides what kind of rates they’ll pay on their mortgage, or how much interest their credit card company will charge if they carry a balance on a card. However,…
See Full Article Here ->Thinking of Increasing Your Credit Card Limit?
It should come as no surprise that your credit scores are connected to your credit card limits. A good credit score gets you higher card limits. However, if you are indeed eligible for a higher limit, deciding whether to exercise this option is not a straightforward decision. Let’s look at the pros and cons of…
See Full Article Here ->What You Need to Know about the SEC’s New Crowdfunding Rules
U.S. securities regulators have finally approved new crowdfunding rules which authorize start-ups to raise money from small investors over the Internet. Through Regulation Crowdfunding (“Reg CF”), the last remaining component of the Jumpstart Our Business Startups (JOBS) Act of 2012, the SEC has created a nationwide infrastructure for retail crowdfunding that benefits not only emerging…
See Full Article Here ->Do You Know the Difference Between a Credit Score and a Credit Report?
What is more important, your credit score or your credit report? If you do not know the answer to this question, you are not alone. Credit score issuing companies don’t reveal the formulas they use to calculate credit scores, which in turn leads to confusion among consumers. Here’s what you need to know about credit…
See Full Article Here ->In What Order Should You Pay Off Debt?
Credit card debt is at its highest level in six years. The average credit card balance among households with debt stands at nearly $16,000. Everyone who is weighed down by debt wants to get out of it; however, this can prove to be a daunting task. The more debts you have, the more daunting this…
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