Remove 2012 Remove Bankruptcy Remove Credit Scoring
article thumbnail

What Is a Good Credit Score, and Why Should You Care?

Fundera

Even before you began your search for small business loans , you’ve more than likely heard of a credit score. You’ve also more than likely heard of a good credit score, too. Here’s the gist of it: Your credit score is a numerical indication of how responsibly you’ve handled your financial obligations.

article thumbnail

What Is a Good Credit Score? (And How to Get One ASAP)

Fundera

Credit scores have become a huge part of our lives. There’s no question a good credit score is crucial for so many varying parts of our lives, but the questions stands—what is a good credit score? What is the score you need to get the best credit card, mortgage, business loan , auto loan, etc.,

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Alternative Lending 101

Fundera

Alternative lending is a fast-growing industry: approximately $3 billion in 2013 was lent through alternative channels, which was double that of 2012. 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. Door-to-door money lending services.

article thumbnail

SnapCap vs. Kabbage: Which Lender Is Right for Your Business?

Fundera

Since then, they’ve become one of the most reputable online lending platforms, and a go-to source for business owners seeking revolving lines of credit. On the other hand, SnapCap , which is owned by Lending Tree, was founded in 2012. – 500 personal credit score. Personal credit score : 500.