Keeping your credit and personal information safe is extremely important. You should take advantage of credit monitoring services that provide access to your credit report on a regular basis.
Businesses need additional funding from time-to-time, but it may be difficult to qualify for a business loan if you haven’t established good credit history. A good option is taking out a secured business credit card.
Essentially, a hard inquiry is when a lender requests a full credit report as a part of your credit or loan application process. These inquiries help credit lenders determine the risk you pose as a borrower.
When applying for loans or credit of any kind, a few terms are thrown around frequently. One of these terms is APR, or annual percentage right. When applying to borrow money from any institution, you can be sure that the term APR is going to be used.
Chances are, you’re going to open a line of credit at some point. As common as credit cards and loans are, many people don’t understand the terms, mainly if their credit history is new. One of these terms is “hard pull,” also known as a hard inquiry.
Revolving Credit is a type of credit that you can continue to take out over and over without having to reapply for that line of credit more than once
