article thumbnail

Which Credit Score Do Lenders Use? 

CreditStrong for Business

Lenders choose scoring versions that work for their needs. VantageScore vs FICO Most people use the terms credit score and FICO Score the same way, but there’s more than one type of credit score. You’re more likely to use your FICO credit score though. People like students and immigrants.

article thumbnail

How a 700 Credit Score Can Instantly Help Your Small Business

Fundera

Your personal credit score is much more than a number. A good personal credit score is key to qualifying for business loans and business credit cards and to receiving favorable rates on those products. You’ll also get some actionable tips to improve your score to 700 or higher.

Insiders

Sign Up for our Newsletter

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

article thumbnail

What Is a Perfect Credit Score and How to Achieve It

Fundera

What Is a Perfect Credit Score? When it comes to personal credit scores, the absolute perfect credit score is 850. Though it may seem impossible, it’s actually totally doable if you’re responsible with your debt and check (and recheck) your credit score often.

article thumbnail

Best Bank For Small Business in 2018? These 4 Top The List

Fundera

First we’ll show you how to find the right bank for your small business, then the four overall best banks for small businesses in 2018. Before You Find a Small Business Bank, Find the Best Small Business Credit Card. Plus, you’ll get 1% cash back on all your spend, so you can earn while you build that credit score.

article thumbnail

The 7 Coolest Business Credit Card Perks of 2018

Fundera

So there you have it—the coolest business credit card perks for 2018. The post The 7 Coolest Business Credit Card Perks of 2018 appeared first on Fundera Ledger. Just remember that many of these perks are one-time offers.

article thumbnail

2019 Millennial Entrepreneurs and Money Report

Fundera

For certain aspects of credit, revenue, and business growth , young entrepreneurs are outperforming older generations of business owners. Key findings from the report include: Millennial entrepreneurs have lower personal credit scores compared to Gen X and baby boomer business owners. Personal Credit Score (300 to 850).

article thumbnail

The first step in a practical 2017-2018 credit union action plan – Build a CECL committee

Abrigo

In a Sageworks poll, more than half of the credit unions surveyed had their accounting, finance and credit departments involved in their CECL committee, while only 39 percent included their risk department and 7 percent included their treasury department. That data may be important for migration and vintage techniques.”