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
Without inventions, we wouldn’t have many of the modern luxuries we have today. But not all inventions are major wins like cellphones, stoplights, or washing machines. Many more are in the category of absurd inventions that fell short of success. 1. Baby Window Cage In the 1930s, doctors suggested that infants needed to get fresh
How many types of credit scores are there? If you said one, you’d be wrong. If you said three, you’d still be wrong. There are actually more than 10 credit scores! Each one is used to estimate your creditworthiness within certain industries and situations. 1. VantageScore 3.0 VantageScore 3.0 is a joint effort developed by
In 2021, The Federal Trade Commission (FTC) reported an astronomical spike of over 70% in fraud compared to the previous year. Throughout 2021, consumers reported over $181.6 million in credit card fraud alone. If you need any more reasons to protect your finances from fraud, here are nine truly disturbing stories that will make you
Attempting to claw your way out of debt and past credit issues is frustrating when you’re trying to earn a good credit score. Even when you do everything right, it still seems like it takes forever to see changes. It might be tempting to take dishonest shortcuts to reach a better credit score overnight, but
Trying to do life without a bank account is tough. You’ll need one if you want to direct deposit your pay or pay bills automatically. If you owe money to another bank, It can stop you from opening a new account. Opening a bank account doesn’t hit your credit, but you can still be denied
In 2018, Dovly started offering its one-of-a-kind credit improvement solution using an algorithm that fully automates the dispute process. The company is founded and led by immigrant women whose mission is to make credit repair more accessible to everyone. Dovly’s service is a game-changer, but there are still a few downsides. We’ll examine the pros
