The Red Spectrum

MAY 18, 2023

When it comes to managing your finances and building a healthy credit history, understanding how credit card payments affect your credit reports is essential. What Are Credit Bureaus? Before diving into the details, let’s first understand what credit bureaus are.

Credit Card Payments 91

Credit Card Payments Credit Scoring Credit Reporting Agencies Credit and Collections 91

CreditStrong for Business

MARCH 9, 2023

When making improvements to your credit score, watching for any small movements can be anxiety-inducing. Credit score updates can happen on a daily basis. However, most people won’t notice it change that often because many credit monitoring tools only update credit scores once per month.

Credit Scoring 52

Credit Scoring Credit Reporting Agencies Credit and Collections Credit Card Payments 52

Lendio

DECEMBER 12, 2022

A business lender may review your personal credit score, business credit score, time in business, annual revenue, collateral, and more to determine whether or not to approve your application for financing and what terms to offer you if you qualify. Applying is free and won’t impact your credit.

Small Businesses 98

Small Businesses Credit Scoring Credit and Collections Credit Reporting Agencies 98

Know-It Global

APRIL 13, 2023

Here’s what you should be doing as of now to improve your credit control process: Credit check each of your customers whenever they place a new order Running a business credit check is so important if you want to make more informed credit decisions.

Credit and Collections 97

Credit and Collections Days Sales Outstanding Credit Scoring DSO 97

CreditStrong for Business

MARCH 10, 2023

Late payments remain on your credit bureau report and influence your credit score for seven years. Entries showing late payments remain for the duration, regardless of whether you pay the past due amount or not. Bankruptcy is an exception that may remain on your credit bureau report for up to 10 years.

Credit Scoring 52

Credit Scoring Credit Card Payments Bankruptcy Chapter 7 52

CreditStrong for Business

JULY 1, 2024

As long as you and the added user manage the account responsibly, it can provide a quick, easy, and significant boost to their credit score. How Much Will My Credit Score Go Up if I Become an Authorized User? Unfortunately, it’s impossible to predict how much your credit score will go up if you become an authorized user.

Credit Scoring 52

Credit Scoring Credit Card Companies Credit Card Payments Default 52

CreditStrong for Business

MARCH 8, 2023

Although the credit reporting agency is obligated to document hard credit account inquiries for 24 months on your credit bureau report, both the Fair Isaac Corporation (FICO) and VantageScore credit score models only factor in hard inquiries from the previous 12 months.

Credit Scoring 52

Credit Scoring Credit Card Companies Credit and Collections Credit Reporting Agencies 52