Credit scores are in place to gauge the ability of a person to repay a loan. These scores can range from 300 to 850, with a higher rating indicating a higher likelihood of payment. A person with a score lower than 650 is generally considered as having poor credit, although the definition of a bad …
Business Financing Articles and Interviews (tag)
In Need of Money Today? 5 Ways to Get Money Fast
There are times when you need money immediately. Your first step is to look at your savings and emergency funds. If you are lucky, then you will find that your funds can handle the situation, but according to a study, 28% of American adults have no emergency savings. If you are included in this …
Common Real Estate Investment Challenges and Their Effective Solutions
From the outside looking in, investing in real estate seems pretty cut and dry. You find a property to purchase, complete necessary renovations, and put it back on the market for sale or rent to earn a nice payday. While real estate investing can be profitable, generating a decent return on your …
Issues for Business to Consider Regarding Low Interest Rates
The business world is facing unprecedented challenges at the moment. In fact, a book could easily be filled with all the ways the COVID-19 pandemic is impacting different industries. While the effects are widespread, certainly not all aspects of business are being impacted negatively. One example …
How Fast Can A Bridging Loan Be Arranged?
As bridging loan rates hover at record lows, the number of applications for them are skyrocketing. Fast bridging loans are exponentially quicker and easier to arrange than most secured loans options, which makes them desirable for emergency situations and only adds to the list of people …
The Importance of Tracking Spending When Saving Money
When making purchases, people sometimes lose track of the money that they spend, which causes them to lose money because they spent more than they budgeted for. If people want to start saving money, they need to track their spending. This sounds like common sense, but some people overlook this fact. …