This paper offers insight into a growing concern about how an individual's credit score can affect their ability to obtain employment and insurance. In particular, it will take a close look at the disparity among credit scores for minorities and how this growing trend may affect them more than...
When you choose to be a sole proprietor, you will be liable for any debts made with credit cards and business loans. Just missing a single payment can affect your overall credit score. In fact, some lenders will not approve your business for future loans. You can prevent this by paying o...
1. Formalize your businessGet an Employer Identification Number, and register with Dun & Bradstreet for a DUNS Number. 2. Pay creditors on timeNo matter which score you look it, payment history is one of the biggest factors. Pay in full and early, if you can. 3. Monitor your scoresRepor...
How Your Credit Score May Impact Your Career Last updated by BusinessBlogs on November 14, 2024 In general, your personal credit score is not directly tied to your career performance or qualifications. However, did you know there are some situations where your credit history may indirectly impact...
Monitor your scores, Opens overlay : While lenders, vendors and others put great trust in a business’s credit score, the information used to calculate it may not be accurate. For this reason, it’s a good idea to periodically check your credit score and report to make sure everything is...
Access to Dun & Bradstreet business credit score information in Business Advantage 360, our small business online banking platform, is solely for educational purposes and available only to U.S.-based Bank of America, N.A. Small Business clients with an open and active Small Business account, wh...
Business credit and personal credit are two different things. A good personal credit score can help you qualify for greater personal financial responsibility, such as a mortgage. Business credit scores may help do the same thing for your company, but reflect only the financial health of the busi...
What is a business credit score? While distinct from your personal credit score, your business credit score is similar in concept. A business credit score is used to demonstrate how financially sound and reliable a business is. It also shows how likely the business is to make its payments on...
Learn how business credit scores and ratings can be used by lenders, suppliers, and customers to help make decisions about working with your company.
In most cases, you'll need agoodorexcellent credit scoreto be approved for a business credit card. However, you may be able to find some issuers that will accept you for a card with a lower credit score — especially if your business is well-established or has significant annual revenue....