When you are looking for financing for your business, you need good business credit. Having business credit that is separate from personal credit is a good idea, since it can protect your personal finances from business failure, and it can help you establish your business as its own credit-worthy entity. Here are some business credit considerations:

Multiple accounts: With personal credit, multiple accounts, even if they are in good standing, can be detrimental. Business credit is different, though. Multiple active business credit accounts in good standing boost your business credit score.
Payment timeliness: One of the biggest factors in your business credit …read more

We see offers all the time for free services and products. But before you sign up, it is important to be aware of the strings that might be attached. For example, free credit report and free credit score web sites often let you see your information for free, but you have to sign up for some sort of trial membership or monthly service. (For a free credit score, go to Credit Karma, and for a free credit report, go to annualcreditreport.com.) This happened with AT&T as well. After looking at an offer for free ringtones, many consumers were shocked to …read more

FTC and a free credit report.

FTC spoofs freecreditreport.com.

Did  you know that your small business has a credit report and score too? You are probably aware of personal credit and the importance of keeping your personal credit rating high.  Having a high business credit score is even more important, for you and your business.
Establishing Business Credit.  If you are starting a small business, you may need to rely initially on personal credit to get loans, but you should quickly begin to get business credit so that you can use this credit for future business loans.  You establish business credit by buying from suppliers and vendors and paying your …read more

I enjoy the commercials done by freecreditreport.com, even though I would never consider actually using the service. To get your “free” credit report, you have to sign up for a monthly service. Instead, I recommend annualcreditreport.com for a truly free report once a year from each of the three major credit bureaus. You should check your credit report regularly, and I don’t mind paying $34.95 a couple times a year for a three-in-one credit report after I’ve used up my free reports.
Anyway, enjoy your Sunday, the remainder of this three-day weekend, and getting ready for a shortened week!