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Online Credit Reports & How They Are Tracking Everything You Do

Due

Often referred to as credit reporting agencies, these companies work independently. Credit Reports vs. Credit Scores. Your credit scores are also influenced by your credit reports. The reason for this is that credit scores are calculated using information from your credit report.

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Alternative Lending 101

Fundera

If you default on your “loan” with a pawnbroker, your credit score won’t report it—but technically, this is a form of alternative lending. Alternative lenders, on the other hand, accept entrepreneurs with shorter times in business, lower credit scores, less proven revenues and cash flow…. More Frequent Repayments.

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Demystifying Credit Crunches and What They Mean for Small Businesses

tillful

While your revenue and credit scores haven’t changed, your application gets rejected. This can happen as the result of a credit crunch — also called a credit crisis or credit squeeze. What is the difference between a recession and a credit crunch ? What should you do if you can’t qualify for business credit?

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OnDeck vs. BlueVine: Which Is Best for Your Business?

Fundera

Since their launch in 2007, OnDeck has become one of the most established and trusted names in online lending, especially for offering short-term loans and lines of credit. 20 monthly maintenance fee for line of credit (with possibility to waive). draw fee for line of credit. 600 personal credit score.