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13 Surprising Factors That Affect Your Credit Score (and Why Small Business Owners Should Care)

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When a credit bureau computes your credit score, their job is to produce a number that estimates—given your past and current financial history—how likely you are to default on future debts. There are five notable components of a personal credit score. There are five notable components of a personal credit score.

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The How-To Guide to Checking Your Business Credit Score

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While there’s some debate in American politics over whether or not “corporations are people,” it is true that businesses have credit scores and can receive credit reports the same way individuals do. What is a Business Credit Score? Length of credit history. Company size. Payment history.

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Business Credit Score: What It Is (And Why You Need to Know)

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While there’s some debate in American politics over whether or not “corporations are people,” it is true that businesses have credit scores and can receive credit reports the same way individuals do. What is a Business Credit Score? Length of credit history. Company size. Payment history.

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Online Credit Reports & How They Are Tracking Everything You Do

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You might get asked similar questions by lenders when you apply for loans and credit cards. To find out, they might check your credit report. What are credit reports, why are they important and what is in them? What is a Credit Report and Why is it Important? Credit Reports vs. Credit Scores.

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Ways Credit History Can Impact Everyday Life

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Your credit history sums up all the information in your credit report. This information includes balances due, credit accounts, and payment history details. Your credit report also contains information on overdue debt, foreclosures, bankruptcies, judgments, and liens. Often, credit reports run up to many pages.

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60 Business Finance Terms and Definitions You Absolutely Should Know

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Credit Limit. Sometimes referred to as A/P or AP for short, accounts payable can be short or long term depending upon the type of credit provided to the business by the lender. Turning to bankruptcy should be given careful thought because it will have a negative effect on the business credit score. Business Credit Report.

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60 Business Finance Terms and Definitions Every Small Business Owner Should Know

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Sometimes referred to as A/P or AP for short, these liabilities can be short or long term depending upon the type of credit provided to the business by the lender. One of the important documents required by lenders and investors that shows a summary of the actual collection of revenue and payment of expenses for your business.