Credit Quality (Consumer and Business) How to effectively manage your credit quality (and the importance) New Accounts New accounts, most notably automobile financing, are a large factor in your overall credit score. Every new account drops your credit score…
Could rating shopping or shopping for the best deals on a mortgage, auto loan or even an equipment lease affect your credit score? First, let’s understand this about your credit score. Having a good credit score can save…
This is the Part 2 continued from our other post ” Importance of Business Credit ” Business credit is important because it separates your personal credit from your business. When you apply for a credit card, you’ll typically use…
Running a business isn’t predictable. Heck, if you can predict your business expenditures down to the last dollar. We’ll name you our new business prophet. However, for everyone else that can’t predict the future- You have to keep a…
It’s not a secret that it’s much harder to secure financing when you have a credit score lower than 600. Some people just can’t secure financing through traditional means. Whether that means your bank has turned you down,…
Credit Scores. It can be one of those touchy topics depending on how you see it. Your credit score can take years to build up and just months to destroy. We’ve all suffered from credit mishaps; from forgetting…