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Gleaning Actionable Insights from Credit Scores

Your Virtual Credit Manager

Commercial credit scores predict the likelihood of a business fulfilling its financial obligations, particularly regarding debt repayment and trade credit. Commercial credit scores are often not as well understood as consumer credit scores such as FICO.

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UCC Filings and Your Business Credit Scores

CreditStrong for Business

The UCC-1 allows a creditor to formally and publicly declare its rights to an asset in the event that the borrower that used the asset to secure a loan ultimately defaults on that debt. If you default, the lender can seize the oven and possibly other assets, depending on the type of UCC-1 statement to recoup the unpaid balance.

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Best Credit Card for Building Credit Score—5 Recommendations

CreditStrong for Business

Credit builder cards assist in growing or rebuilding your credit and can help you stay on track to improve your credit score. Understanding how these cards work and knowing what to look out for will be useful in choosing one that helps you establish credit, qualify for loans, and unlock exclusive rewards.

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10 Hacks to Increase Your Credit Score Fast

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Your credit score impacts everything from getting a favorable interest rate on a credit card to buying a home, paying for insurance, and more. If your current credit score is less than ideal, here are ten hacks to increase your credit score fast. Dispute Errors on Your Credit Report.

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If a Collection Account Is Deleted, Does Your Credit Score Increase—Answered

CreditStrong for Business

If a collection account is deleted, does your credit score increase ? The short answer is that it depends on the credit-scoring model used to evaluate your credit. If a collection account appears on your credit, it highlights a crucial issue with your financial health, which you should immediately work to improve.

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How to Get an 850 Credit Score

CreditStrong for Business

A perfect credit score is more than just a badge of honor. While only a small percentage of Americans have the 850 credit score, it is not a target out of reach for the average person. Is it Possible to Get an 850 Credit Score? of credit-holding Americans had the perfect FICO® score of 850.

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The Minimum Credit Score Needed for A Conventional Mortgage 

CreditStrong for Business

Conventional mortgage loans typically require higher credit scores than government-backed loans, but there are also many advantages to going with conventional mortgages. What is the Required Minimum Credit Score for a Conventional Loan? How Can Credit Scores Affect Mortgage Interest Rates?