CreditStrong for Business

AUGUST 30, 2024

But if you still have a balance on that card, it’ll still count against you when credit scoring models calculate your credit score. If your credit utilization — the percentage of your total available credit that you’re using at a given time — is too high, it could damage your business credit score.

Credit Scoring 52

Credit Scoring Credit Card Companies Credit and Collections Deductions 52

Fundera

OCTOBER 16, 2015

Personal credit scores. Both Kabbage and OnDeck focus on your personal credit score, as opposed to your business credit score, which can be helpful if your business credit score is less than perfect or if you haven’t built up much of a history yet. Minimal time in business.

Small Businesses 102

Small Businesses Credit Scoring Deductions Default 102

Fundera

FEBRUARY 28, 2017

You need to be prepared to pay off what you spend on a credit card each month without being reminded to do so—otherwise, you’ll incur interest payments, late fees, and take hits to your credit score. And along those lines, do you fully understand how your credit card and credit score relate?

Credit Scoring 75

Credit Scoring Credit Card Payments Credit Card Companies Deductions 75