Do you have bad credit? Do you think that you're stuck with low credit scores? Do you think that the credit bureaus are government owned? Read on.
3 Big Reasons People Fail Building Business Credit:
There are three main reasons many people fail building business credit. The 1st BIG reason people fail, is that their business isn't setup credibly in the lender's eyes. The perception lenders, vendors, and creditors have of your business is critical. Before applying for business credit a business must insure it meets or exceeds all lender credibility standards. There are over 20 credibility points that are necessary for a business to have a strong, credible foundation.
Utilizing Your Rewards:
With all the responsibility that comes with using a credit or debit card, many companies opt to offer rewards to their customers. This is a way of applauding those that can stay within their budget.
4 Key Facts About Credit Score:
A credit card is a very powerful financial tool when used wisely. The unfortunate thing is that there are many misconceptions that surround the card such that it's hard to separate the facts from the myths. Here are 4 facts about the card that will help you with the understanding.
5 Unexpected Consequences of Bad Credit:
While bad credit is destructive in many financial ways, there are hidden costs to it that may not be obvious to many of consumers. Of course, carrying bad credit means you will have to pay high interest rates on your mortgage or car loan, and pay more to be able to use your credit card. However, people with poor credit pay more for things like insurance and even rent. There may be more consequences of bad credit than you might have suspected.
Dodging the Credit Repair Rip-Off:
From the concern of repairing personal credit, it's always best to do it yourself. Most often, you could find out as well as take notice of commercials boasting spectacular credit history repair services providing you "legal" and also "guaranteed" options to your credit history issues. These services may also use mottos that are very enticing to people who find themselves with serious issues that require credit history repair.