Your Virtual Credit Manager

JUNE 18, 2024

That’s why it is standard to ask on a credit applications the year in which the business was formed. Years in business is a critical factor in the assessment of credit risk along with number of employees, which can be a good proxy for sales volume, something private businesses are not always willing to disclose.

Bad Debt 100

Bad Debt Credit and Collections Credit Risk Credit Card Companies 100

TreviPay

AUGUST 8, 2023

Understanding the principles and decision strategies involved is useful knowledge for both credit applicants and credit providers. What is credit decisioning? Credit decisioning is the process of evaluating a potential borrower’s creditworthiness. What factors play a role in credit decisioning?

Credit and Collections 52

Credit and Collections Credit Risk Credit Card Companies Credit Application 52

CreditStrong for Business

NOVEMBER 7, 2024

Carefully review your credit history for any potential errors that might hinder you from achieving a good credit score. The first option involves directly contacting the lender regarding the potential error on your payment history, such as a credit card company or student loan issuer.

Credit Scoring 40

Credit Scoring Credit and Collections Credit Reporting Agencies Credit Card Companies 40

Lendio

MAY 28, 2024

FICO scores are calculated from information pulled from the three major credit bureaus in the United States: Experian, TransUnion, and Equifax. These bureaus, in turn, gather information from lenders like credit card companies, student loan lenders, and banks.

Credit Scoring 98

Credit Scoring Credit Reporting Agencies Credit Card Companies Credit Application 98