Your Virtual Credit Manager

SEPTEMBER 12, 2023

YVCM was launched in 2021 and continues to grow. To make matters worse, invoice errors also tend to generate payment deductions (partial payments). Correcting invoices and reconciling payment deductions are essentially rework: work that is not necessary if you got it right the first time.

Credit and Collections 130

Credit and Collections Bad Debt Accounts Receivable (AR) Deductions 130

Due

JULY 17, 2023

Also, you’ll always be in good standing with your bills, protecting your credit score and preventing late fees. In fact, according to the Fed’s survey of 2022 Economic Well-Being of US Households , 37% of Americans lack the funds to cover a $400 emergency expense — up from 32% in 2021. Spend less, save more.

Credit Scoring 98

Credit Scoring Brokerages Deductions Transactions 98

Due

MARCH 29, 2024

Mortgage rates started to climb in late 2021. The figure is 90% lower than the refinancing originations in the first quarter of 2021. Another downside is that your credit score will likely drop since you’re paying the total amount of the original mortgage. in 2021 to 13.2%

Credit Scoring 52

Credit Scoring Brokerages Default Deductions 52

Due

APRIL 10, 2023

There is no need to worry about the credit situation of a partner. It is common for lenders to pull both of your credit scores when you are in a relationship and purchasing a house or car together. Often, they will use the lowest of your scores to determine your interest rate. In fact, according to the U.S.

Deductions 114

Deductions Credit Scoring Credit and Collections Insurance Companies 114

Due

JANUARY 27, 2023

Credit score. It is also important to maintain a good credit score in order to maintain financial health. The debt-to-credit ratio can be influenced by many factors including debt payments, credit utilization, repayment history, credit mix, and credit history. Numbers vary by lender.

Credit Scoring 105

Credit Scoring Credit and Collections Credit Card Companies Default 105

Credibly

AUGUST 16, 2023

And, more recently, more small businesses have stopped working with traditional lenders for financing, with totals dropping to 34% in 2021, from 43% in 2019. Traditional lenders often place significant emphasis on credit scores, which can be a barrier for those with less-than-stellar histories.

Credit Scoring 40

Credit Scoring Small Businesses Deductions Transactions 40

Due

MAY 11, 2023

As an example, half of adults 55 and older reported themselves retired at the end of 2021 after the pandemic spiked during the first years. You can deduct the contributions from your current-year taxes. Tax-deductible catch-up contributions can accelerate your retirement savings if you’re over 50. Missing the match.

Deductions 52

Deductions Credit and Collections Credit Scoring 52