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

This is a guest post from Becky House, who offers some practical advice on how you can improve your credit score.
With lending restrictions and employment options tight, now is the perfect time to work on improving or maintaining your credit score. Below are some quick tips that can help you manage your credit effectively so you have the credit you need when looking for employment, purchasing a home or simply want to make sure you qualify for the best rates for any loan.

Open a checking and savings account at a bank or …read more

Here is a fun ad for car insurance. It’s a Geico ad featuring the character Speed Racer. A definite classic.
However, saving money on car insurance may require more work than just going to one company and hoping to save money. You really should shop around for different quotes. And, here are some other things you can do to help you reduce the cost of your auto insurance:

Pay a higher deductible.
Take towing off your policy.
Consider taking car rental off your policy.
Get a discount for more insurance through the company. (I save a great deal with a “tri-line”: life, auto and homeowners. …read more

This is a guest post from Becky House. It offers helpful information on how you can improve your ability to get a loan. This is a very important issue right now, with lenders tightening their requirements.
Two years ago, someone with a 600 (poor) credit score could qualify for a mortgage or car loan. Now, reputable lenders will not even consider lending to someone with a score below 700. There is some good news though.  There are ways you can improve your “loan-ability” in the eyes of lenders and possibly get that home or auto loan you have been dreaming about. …read more

Do you know the answers to these credit questions?

FTC and a free credit report.

FTC spoofs freecreditreport.com.

Happy Sunday!

Ben Stein shills for FreeScore.com.