By Clint Rainey September 07, 2022 The Federal Trade Commission (FTC) is ordering Credit Karma, the free personal-credit monitoring site, to pay $3 million to users who received “false ‘pre-approved’ credit card offers” that ended up hurting their credit scores. The agency filed a complaint alleging that from February 2018 to April 2021, Credit … Continue reading Credit Karma might owe you money over fake ‘pre-approved’ card offers: Here’s how to find out
Debit Vs. Credit Card Spending Rose During Holidays For COVID Lockdown Categories by Laurie Sullivan , Staff Writer @lauriesullivan, January 28, 2022 Despite supply-chain slowdowns and record out-of-stock warnings during the 2021 holiday season, U.S. consumer spending on credit and debit cards from the week of Thanksgiving through the week of Christmas for 2021 rose 22%, … Continue reading Debit Vs. Credit Card Spending Rose During Holidays For COVID Lockdown Categories
Devin Partida January 17, 2022 The highly competitive world of retail means businesses must find ways to create customer loyalty. Launching a credit card gives a brand the ability to pass out member points for purchases all over, offer higher perks for shopping in the establishment, and keep the business’s name at the forefront of … Continue reading Why Brands Are Launching Their Own Credit Cards (And 10 to Check Out)
Brian Wallace January 7, 2022 There are many milestones to reach as an adult, from the first legal night at the bar, to the first car purchase, to the first “real” job. One of the most important “adult” milestones to build a foundation for a financially secure future, is to achieve a great credit score, … Continue reading Fixing the Credit Score Problem [Infographic]
Aileen Ott April 8, 2021 Many small business owners apply for funding to cover operating expenses or support their growth, only to discover that they cannot qualify because of a lack of business credit or poor business credit. When you’re focused on day-to-day operations and seizing opportunities to grow, it’s easy to forget about building … Continue reading How to Build Good Credit for Your Business
Sandra Wrobel-Konior November 12, 2020 Chargebacks were created to protect customers’ rights, but that doesn’t mean that its main goal is to hurt merchants. Did you know that you, as a merchant, also have chargeback rights? Card networks, such as Visa and Mastercard, provide rules and regulations that protect you from fraudulent activity, including friendly … Continue reading Credit Card Chargebacks: Merchants’ Rights
Steven Imke August 26, 2020 When a business approaches a lending institution about debt financing, the lender conducts an evaluation of the borrower using a method known as the 5 C’s of Credit. Here is a quick explanation of each measurement. Character Is the business considered trustworthy and do they have a good record of … Continue reading The 5 “Cs” of Credit
Robert Gloer — March 3, 2020 777546 / Pixabay It can take a while for a small business to establish a credit rating and even longer to improve one. But make no mistake, your credit rating is an essential element when you seek credit or a loan. It also helps get you approved by landlords, … Continue reading Improve Your Business Credit with These 7 Steps
Steven Tulman — January 3, 2020 Follow @StevenTulman Many people think that once they file for bankruptcy or a consumer proposal they will never be able to get credit cards or a mortgage again or that they will have to wait several years before they can apply for and qualify for credit products again. Not … Continue reading Can You Qualify for Credit After a Bankruptcy or Consumer Proposal?
Steven Tulman — December 23, 2019 Follow @StevenTulman Fix Your Credit – CloverMortgage.ca If you have made credit mistakes or have encountered financial hardships in the past and your credit score suffered as a result, you will likely have a difficult time to qualify for credit products and loans such as a mortgage, car lease, … Continue reading 8 Simple Steps to Improving Your Credit Score
