Virginia’s small businesses are the driving force behind the commonwealth’s economy. Employing over 1.6 million people, small businesses contributed to 91.5% of all the new job openings added to Virginia’s workforce in 2021. Financial support enables continued growth and expansion of small businesses. Local banks and credit unions are solid options. Nationwide banks also have
If you’ve been denied for a checking account, you’ve probably had some troubled history with banks. It could be that unpaid balance from your last bank account or even previous debit card abuse that landed you in hot water. No matter what it was, your past is now holding you back from getting a regular
Credit reports are usually very confusing to read! Our guide is the only one on the internet that breaks it down step-by-step. Thus making it easier for you to understand your credit report and use it to your advantage. Each Credit Bureau’s Report Is Different At first glance, comparing your credit reports from the three
A major step in any business is finding financing and that’s difficult to do without having business credit. One problem many business owners face is building business credit when their personal credit score isn’t great. Lenders look for good personal credit scores to lower their risk when lending to new businesses. It might take some
Fixing your credit on your own is a big undertaking. It can quickly become an overwhelming process when considering all of the dispute letters, correspondence, and tracking. The more complex your credit situation is, the more time you’ll have to dedicate to fixing it. Many people confuse the terms “credit repair” with “credit building”. It’s
If you don’t have the time to use the best credit repair software, pay for the convenience of the best credit repair services to improve a poor credit score. Finding the right credit repair company in your area can take hours of research and vetting. That’s why we’ve done some of the hard work for
In a 2019 survey by EverFi, only 35% of students surveyed had taken a personal finance course. That leaves a big financial literacy gap for parents to fill. By this point, you know teaching your teenager financial literacy has to be practiced to solidify lessons they’ll take into adulthood. Before heading into the real world,
Our Verdict: Credit Karma has better credit monitoring and more features, but Experian actually gives you your “real” credit score. Plus it offers the wonderful Experian BOOST™ tool. Since they’re both free, it’s worth it to get both of them. Credit Karma is one of the most popular places to look up consumer credit reports.
Understanding how to use commercial credit is essential for a small business’s long-term success. The access to additional capital from a commercial line of credit allows a business owner to maintain and expand the business even in periods of slower cash flow. This article will cover what commercial credit is, how it works and how
When you need cash to fuel your rig or to cover expenses, freight factoring provides quick access through selling your unpaid invoices. It’s a resource that could save you time on collections and speed up your cash flow. We’ve done the research on the best trucking factoring companies so you can sign with one that
