Frequently Asked Questions
Credit FAQs
What is personal credit?
Personal credit is your financial history used by lenders to assess your ability to repay loans.
How can I improve my credit score?
You can improve your credit score by paying bills on time, reducing debt, and checking your credit report for errors.
What is business credit?
Business credit is a company’s ability to obtain financing based on its financial history and performance.
How do I build business credit?
Building business credit involves opening accounts with vendors, paying bills on time, and monitoring your business credit report.
Why is credit important?
Credit is important because it affects your ability to get loans, rent apartments, and sometimes even get jobs.
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