Category: Personal Credit

In the world of finance, it’s common to hear people bragging about their credit scores. These badges of money honor are one famously important indicator of how accomplished a consumer appears. The higher, the better, and so – when talked about openly – it’s most often the big numbers you’ll hear about. What about those who are hanging out at the bottom? Their credit history may not be a sign of good times or wise decisions. Perhaps, they suffered from… Read More

Filling out a small business credit card application usually isn’t all that hard. It starts by asking you to supply your name, address and other contact information, and then there are usually a few questions about the type of company you have, and its size. They will ask to see a business credit report and they will pull a business credit score for your business. But within all of these boilerplate questions is one that often throws you for a… Read More

You may already know there are two kinds of credit reports that small business owners can build, utilize, and leverage for growth: your personal credit reports and your business credit reports. However, some business owners wonder what happens to their business credit once they open credit a few credit cards at one time. In this article, we'll shed some light on how multiple credit inquiries can impact your business credit scores. Two Kinds of Credit Reports Let's review the two… Read More

It took a while for Sheryl (not her real name) to realize the thousands of dollars she thought she was spending to help save her business was instead going straight into the pockets of a scammer. Disbelief turned to outrage and then to desperation. How could she get her money back? Sheryl remembered that she had identity theft insurance, and reached out to her provider in hopes that it would make her whole. She soon learned that identity theft and… Read More

Small business owners often rely on good credit to help sustain their businesses, and the recent Equifax data breach may put them at risk. The first class action has been filed nationwide against Equifax on behalf of small business owners “for its failure to safeguard consumers’ and small business owners’ personally identifiable information." According to the complaint, many of the 143 million individuals whose personally identifiable information was stolen in the recent Equifax data breach are also small business owners.… Read More