Category: Personal Credit

Here’s What You Need to Know Before Applying for a Business Credit Card

February 9, 2018 Linsey Knerl

Congrats! You’ve decided to invest in your business by getting access to some capital. Perhaps that decision includes opening a new line of credit with a business credit card. Before you hit "submit" on that application, however, some questions may affect you. Will you be eligible for the best interest rates? Are you choosing a card that's right for the kind of business you're running? Read on to see the must-read facts regarding your business and getting access to that dream… Read More

How Tax Liens & Judgment Liens Work

January 31, 2018 John Tucker

In Summer of 2017, new reporting standards from the National Consumer Assistance Plan were released in relation to both tax liens and judgment liens. In a nutshell, going forward, for either a tax or judgment lien to be reported on your personal credit report, the reporting must include all of the following: Your name Your address Your social security number Your date of birth Required courthouse visits every 90 days to make sure records are updated This new reporting feature… Read More

How to Get a Handle On Your Credit Cards in 2018

January 17, 2018 Jason Steele

Were your credit cards a little out of control in 2017? With the new year comes a new opportunity to manage both your personal and small business credit cards a bit better. Doing so can save you both time and money, while offering you a chance to earn more rewards and enjoy more benefits. Here are five ways to get a handle on your credit cards in 2018: 1. Take an Inventory A lot of people have numerous personal and… Read More

Why Your Credit Score Will Be Even More Important in 2022

December 29, 2017 Gerri Detweiler

Interest rates are steadily rising in 2022, making it more important than ever to check and maintain a good credit score so you and your small business can get the financing you need. Your credit score is one of the most important factors when it comes to getting a loan. You’re no doubt aware that good credit scores will help you qualify for personal credit cards, mortgages or car loans, and sometimes student loans. What may surprise you is how… Read More

What’s the Lowest Possible Personal Credit Score You Can Get?

November 30, 2017 Linsey Knerl

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

Why Do Credit Card Companies Want to Know My Income?

November 13, 2017 Jason Steele

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