Fundera

DECEMBER 13, 2018

What Is a Perfect Credit Score? When it comes to personal credit scores, the absolute perfect credit score is 850. Though it may seem impossible, it’s actually totally doable if you’re responsible with your debt and check (and recheck) your credit score often.

Credit Scoring 75

Credit Scoring Bankruptcy Credit and Collections Default 75

Fundera

AUGUST 26, 2018

Many business owners need to know how to recover from business credit card debt. As of March 2018, business owners had $50 billion of outstanding credit card debt. And, as spending on business credit cards is projected to grow by nearly $200 billion over the next few years, debt will grow with it. Declare bankruptcy.

Bankruptcy 65

Bankruptcy Chapter 11 Credit and Collections Credit Card Companies 65

Fundera

MARCH 2, 2019

In the fourth quarter of 2018, 0.94% of borrowers defaulted on commercial and industrial loans. Defaults are more common on credit cards, with an average loan default rate of 2.54%. The more payments you miss, the more damage will be done to your credit score. In contrast, 2.34% of consumer loans went into default.

Default 40

Default Credit and Collections Bankruptcy Credit Scoring 40

Fundera

MARCH 15, 2019

Before you apply for a loan through Lendistry , however, do know that for traditional business loans, Lendistry won’t accept businesses that have declared bankruptcy within the last three years or business owners who have defaulted on government debt. For larger lines, business owners will need at least a 680 FICO score, $1.5

Credit Scoring 40

Credit Scoring Credit Unions Small Businesses Bankruptcy 40

MNS Credit Management Group

SEPTEMBER 24, 2023

Because consumer debt is routinely reported to major credit bureaus like Equifax, Experian, and TransUnion, it may have an effect on a customer’s credit score. Malaysia is the leading region for the increase of mobile data traffic, with data use increasing by 29% in 2018.

Debt Collections 52

Debt Collections Credit and Collections Collector Credit Management 52

Due

JUNE 15, 2023

A 2018 study found that people who feel financially inferior to their peers are likelier to spend money on luxury items to “keep up with the Joneses.” Living beyond one’s means can lead to maxed-out credit cards, personal loans, and even bankruptcy. The long-term consequences of debt can be devastating.

Bankruptcy 59

Bankruptcy Credit Scoring Deductions 59

Fundera

FEBRUARY 3, 2018

FICO Credit Score: Fundbox doesn’t check your credit score. Mathnasium of North Manchester, New Hampshire, on 1/24/2018. Although Fundbox has few restrictions in terms of your credit history or your business’s financial qualifications, this lending solution certainly isn’t the right solution for every business.

Credit Scoring 49

Credit Scoring Credit and Collections Small Businesses Bankruptcy 49