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Lessons for Trade Creditors from Recent Bankruptcies

Your Virtual Credit Manager

” (Photo by Devon MacKay on Unsplash ) This applies to credit and collections as well as anything else. Credit analysts should also review past decisions to improve their future performance regarding approvals, limits and term setting. That’s what this article explores. Hertz Global Holdings Inc. J.Crew Group, Inc.

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The Potential Impact of Adverse Public Records on Credit Reports

CreditStrong for Business

Public records usually appear on your credit report as the result of a financial disaster. Evictions, foreclosures, bankruptcies, and judgments are terrible news for your credit. Each one of these affects your credit reports and scores differently. What Do Public Records Mean on a Credit Report?

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How Long Does an Eviction Stay on Your Credit Report?

CreditStrong for Business

Credit bureaus no longer can include eviction record entries in consumer credit reports following changes implemented by the Consumer Financial Protection Bureau, an agency associated with the Fair Credit Reporting Act. However, any remaining rent owed is generally considered unpaid debt that a collection agency will pursue.

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Top 5 Credit Bureau Companies for B2B in 2023

Gaviti

One possibility is by running a business credit score and report on new customers. What is a Business Credit Score and Report? A business credit score is a rating whose goal is to demonstrate how financially responsible a business is as well as its potential for profitability.

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How to Recover From Business Credit Card Debt

Fundera

Business credit cards are essential financing tools for both new and established business owners alike. When you’re just beginning, they can be your main financing lifeline and how you build your business credit. Without careful use, though, you could spend faster than you can pay, and need to recover from business credit card debt.

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Credit Repair Services: Best Providers and Scams to Watch out For

Fundera

Best Credit Repair Services. Best Overall: Key Credit Repair. Best Value: Sky Blue Credit. Best Customer Service: Credit Saint Credit Restoration. Best for Long-Term Use: The Credit People. One of the most important factors in a business loan application is your credit score.

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Opening a Chick-fil-A Franchise: Everything You Need to Know

Fundera

This franchise has opened over 2,000 restaurants, reported $9 billion in revenue in 2017, and is an industry leader in customer satisfaction. . They want entrepreneurs who thrive in the trenches—not those who want to collect a paycheck from the comfort of their home office. . Be Available for Training.