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Does Your Credit Score Go Up After Inquiries Fall Off—Answered

CreditStrong for Business

Does your credit score go up after inquiries fall off ? While it may be concerning to see your credit score take a small dip after applying for a new credit line, understanding why this change happens can help you take steps to repair your score. Does Removing Hard Inquiries Increase Credit Score?

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Due Diligence Doesn't End with the Credit Application

Your Virtual Credit Manager

Update credit applications: every 5 years, unless triggered sooner by a change in the business (e.g., Update credit bureau reports: every 2 years, unless triggered sooner by a change in their relationship with your company (e.g., request for substantially more credit, change in leadership, merger or acquisitions, etc.).

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Does Increasing Your Credit Limit Affect Your Credit Score—A Beginners’ Guide

CreditStrong for Business

Does increasing the credit limit affect the credit score ? The answer typically depends on many factors, including how high or low your credit utilization is and what happens after you request a raise. Knowing when to do so and if you should raise your credit limit is also important to avoid damaging your credit score.

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Mastering the Credit Application Process: A Comprehensive Checklist Template

Emagia

This comprehensive guide provides a detailed checklist template to streamline your credit application journey, ensuring all critical aspects are addressed for a successful outcome. Credit Assessment: Evaluating creditworthiness based on collected data and credit scores. personal loan, business expansion).

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17 Ways to Help Your Business Credit Application

Fundera

To grow or expand your business, you need to have a source of extra cash… And for many businesses that means filling out a business credit application. The better you can describe your business and your need for a loan, the stronger your business credit application will be. Tell a story.

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The 10 Surefire Ways to Strengthen Your Credit Score

Fundera

No matter what kinds of credit you need personally or for your business, good credit starts with good handling of your personal credit accounts. Lenders check your credit score to decide whether or not you’ve typically repaid the debts you owe… And whether they should lend money to you, too.

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The Credit Score Guide: How Raising Your Score Can Save You Thousands on a Loan

Fundera

That’s right: your personal ( not business) credit score matters more than anything else. In this credit score guide, we’ll take a look at why your credit score matters, how it affects your business financing, and what improving your credit can do. What’s a Credit Score? Quick Reminder.