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Business Credit Cards are they a Good Ch...

As a business owner having business credit cards could be a great asset to personal credit scores.  Although you sign personally for business credit cards they normally do not get reported to personal credit reports.  This is a great option for business owners that want to separate their personal credit from business credit.  Besides having a distinction between the two whatever...
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Small Business Owners and Credit Cards...

Many small business owners do not think about how their credit will be affected when using credit cards for their business expenses.  Personal credit scores drop dramatically when personal revolving credit balances increase.  Revolving credit is anything you can pay the minimum and charge the maximum.  As the balances increase on this type of credit scores drop.  The closer the...
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How to decide if Business Credit Monitor...

Is your company being passed over because of D&B credit scores? If Vendors are consistently extending credit to your business and if you are bidding and competing for projects your Dun and Bradstreet credit could make or break you. In this highly competitive economy where businesses are here today and gone tomorrow (whether they have been around for 30 or 2 years) using every tool...
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How does Dun and Bradstreet decide what ...

There are different scores and indexes that represent a companies paying ability and financial health.   When we evaluate a companies business credit we look at their paying patterns, financial statements, amount of Vendors,  and the debt owed to each Vendor.  Once we see the facts surrounding these area’s we can tell if we can make a difference in the credit scores. If a...
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Who has been looking at your Dun & ...

When you think about it pulling a businesses credit before highering them makes perfect sense in any economy (especially this one).  Since Dun and Bradstreet credit has become so important when making decisions regarding using a companies services and giving a business credit it is so imperative to know your business credit is always at it’s best.  Many of our clients are in...
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New Financial Reform and Free Credit Sco...

The new Financial Reform bill was signed but it will not take effect for another year.  Free scores will be provided to consumers that have been denied funding or charged higher interest rates for loans, credit cards, and car leases.  It was unclear who would provide these scores but from what I read it seems the lender or financial institution charging higher rates, or denying...
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Why Banks are Declining Loans More and M...

Does Fannie Mae and Freddie Mac mean anything to you?  The majority of loans that default are typically bought by Fannie and Freddie (government agencies).  Once F&F buy the loan they try to arrange some kind of payment plan or it goes to foreclosure.  The problem for the banks that accept and underwrite these loans is if Fannie and Freddie find problems with the way the loan was...
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CREDIT CARD RULE CHANGES DO NOT APPLY TO...

It is true that business credit cards do not have the same rules that apply to regular credit. The new credit card act only applies to personal credit...
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What is the negative side of Fraud Alert...

Fraud alerts may in some cases stop you from getting instant credit.  In this fast paced world we live in with so many alluring offers at every turn it could be frustrating for consumers to have to wait for credit approval.  When was the last time you saved 30% on a purchase for opening credit at a store?  How nice to be able to get that wonderful savings.  If you had a fraud alert...
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What Is The Positive Side Of A Fraud Ale...

Fraud alerts are a great way to protect yourself from criminals opening accounts in your name.  Once you put a fraud alert on your credit profile, with a phone number you can be contacted at, it is nearly impossible for credit to be opened in your name without your approval. When applying for new credit the creditor, who pulls your credit prior to deciding if you are credit worthy,...
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