Almost 30% of small businesses fail because they run out of money. Different business loans help to finance new ideas or to bridge financial gaps in an existing company. When comparing loans, if you're a small business owner or looking to fund your new business, you've most likely seen the terms revolving and non-revolving credit. Understanding these terms is essential to … [Read more...] about Revolving vs. Non-Revolving Credit: 5 Key Differences
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Tips to Help Your Teen Build Good Credit Early
You know how important having good credit is. You want your teen to have the best possible start, which is why you're already thinking of helping him or her build good credit now. The following are a few tips that could help your teen get a great score. Basic Account The first thing you need to do is to make sure you open a checking and savings account for your kid. Teach … [Read more...] about Tips to Help Your Teen Build Good Credit Early
6 Tips to Help You Navigate Short-Term Borrowing
A short-term loan can be used to sort out different types of financial emergencies. At the same time, it’s quite important to make sure you are taking the right loan that matches your financial situation. By design, these loans are meant to give you the necessary short-term support as you put your finances in order. Before you make a borrowing decision, it’s important that … [Read more...] about 6 Tips to Help You Navigate Short-Term Borrowing