Summit Credit Union
Greensboro, NC:
Got medical debt? Your FICO credit score may go up
FICO, the nation's top credit score provider, is introducing a new scoring model this fall where medical debt in collections will have less of an impact on a consumer's credit score than it currently does.
What medical debt does to your credit score
More than one-quarter of Americans with health insurance have received a surprise medical bill, according to a new survey from Consumer Reports. Those healthcare charges can have big consequences because medical bills can drag down your credit score. Consumer Reports has some important information to help you protect your finances.
Why Your Credit Score Matters as a Small Business Owner
Your credit score is used by banks and finance companies when they decide to extend credit or a loan to you. It matters when you want to borrow money personally or to operate or grow your business.
How to Stay on Top of Your Finances and Increase Your Company's Credit Score
As a small business owner you wear many hats. Everything from calming an irate customer, to cleaning the restroom, to managing your...
Why Your Credit Score Matters in Retirement
You may still be applying for loans and looking for lower rates on insurance to save money.
Why Credit Score Matters to Manage Debt
Think credit score doesn't matter for money management, loans, and mortgage debt? Think again and learn tips on how to use credit cards to keep your score up.
This is what happens to your credit score when you ditch credit cards
Chopping up credit cards may feel cleansing, but it could have detrimental effects.
How being a woman can ding your credit score
Women are smarter consumers than men in some ways, but they struggle more with the debt they do have.
How FICO 9 May Increase Credit Scores
How medical debt and other collection items are tallied in a credit score is changing, potentially i...
My Business Has a Credit Score?
What is business credit? When’s the last time you checked your business credit score? If you’ve never checked it before, you’re not alone – nearly half of small business owners don’t even k…
What's Your Company's Credit Score?
Just as FICO assigns a number to reflect your personal creditworthiness, your business is also rated. If you’re interested in growing your business and want to stay financially viable, it’s a good idea to take a close look at your company credit score.
Business Credit Score vs. Personal Credit Score: What's the Difference?
The scores provided by credit monitoring agencies determine how creditworthy your business is and may impact the financing you get for future projects.
The Oldest Americans Have the Highest Credit Scores
A new infographic from Experian illustrates the generational gap that exists when it comes to credit scores.
What Influences Your Business Credit Score? — RoofersCoffeeShop
From work trucks to equipment like the Equipter RB4000, financing is inevitable, overcoming a bad credit score will help you lower your interest rates.
Three Steps to Building (or Rebuilding) a Solid Personal Credit Score
A business owner’s personal credit score impacts his or her ability to get a small business loan, a line of credit, or even trade credit with suppliers.
Getting Approval: 5 Steps to Establishing a Good Business Credit Score
No matter what the size of your business, good business credit is essential
Everything You Need to Know About Your Business Credit Score
The obvious advantage of credit card financing is that it’s easily obtainable if you already have good credit. But you might want to consider applying for a business credit card to start building your business credit score as well.
The Number One Reason Banks Deny Loans to Many Small Business Owners
Why your business credit score is the make-it-or-break-it factor when it comes to small-business lending
The surprising debts that are holding many Americans back
Credit card debt and student loans aren’t the only culprits
5 Tips to Boost Your Business Credit Score Quickly
Your business credit score is important when trying to secure a loan, lowering your interest rates, and determining what products you qualify for.
