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How to Get a Small Business Loan Even if you Have Bad Credit

It’s no secret that finding small business financing can be an arduous process. And beyond everything else you hear you need in order to qualify for a loan, there always seems to be that one non-negotiable: a good credit score. While having good credit certainly makes it easier to qualify for a small business loan, it’s time to dispel the myth that you won’t be able to find business financing without …Read More

Ask an Expert: Where do I begin to create a workable budget?

Q. My bills are more than my income. I don’t make enough to create a workable budget. Where do I begin and what do I do to fix this? Dear reader, Budgets are tools that allow us to review and organize our finances to meet our financial responsibilities and achieve goals. Developing a “workable” budget depends on your current financial responsibilities and income as much as on your goals and …Read More

Succeeding as an Employer Fuels Business Success

Even in the best of job markets, when your staff is small every person you add can have an oversized impact on your budget, your firm’s culture, and its productivity. So, as you grow, what can you do to attract and hire the right employees and retain those you may already have? The short answer is trust. Showing it, earning it, and making the honesty that supports it part of …Read More

NFCC Hosting the #CreditCrew Twitter Chat with Equifax, Experian, and Transunion Thursday, Feb. 15 @ 4PM EST!

Do you have questions about credit reports and credit scores? Join us as we host the #CreditCrew Twitter chat featuring Equifax, Experian and TransUnion on Thursday, February 15th at 4p.m. ET. This chat will cover some of the most commonly asked questions about credit reports and credit scores. For an easy way to follow along and participate click here. Topic:  Credit 101 Host:  The National Foundation for Credit Counseling (NFCC) Questions We’ll Discuss: Q1: What is the difference …Read More

Ask an Expert: How do I begin to build credit?

Q:  How do I begin to build credit? Dear Reader, Building your credit, whether you are starting from scratch or recovering from past financial mistakes, requires time, dedication, and a strategy. Since you have already taken the first step by asking yourself this question, we will look at some of the next steps you can consider.   One credit building option to consider is a secured credit card. Secured credit …Read More

Winterizing Your Home On A Budget

People living on a budget might not take extra steps to winterize their homes, figuring they can’t afford it. But many winterization options are free or very inexpensive, and save a lot of money on heating bills. Don’t let a tight budget prevent you from winterizing every year.   Free things you can do Insulate leaky doors with a towel. Roll up a towel and place across the bottom of …Read More

Ask an Expert: What options do I have to repay debt before collections?

Q:  I have overextended myself with credit card debt and acquired loans to try to pay them off and just gotten deeper and deeper. I am not behind on anything however it is getting harder to keep up. I do not want to let my bills get so behind that they fall into the hands of a debt collector. What options do I have to repay my debt? Dear reader, …Read More

Data Security: 7 Ways to Safeguard Your Customers

It may not seem like the data your small business accumulates would be sufficient to draw the attention of cyber criminals. But, data hacking is a growing concern for businesses of all sizes. In fact, half of all U.S. small businesses were targeted by phishing attacks in 2016, according to one industry survey. Taking that bait can be costly in dollars and reputation. Fortunately, there are a number of practices …Read More

Ask an Expert: How do I pay my credit card debt when my wages are garnished?

Q: How do I pay my credit card debt when my wages are garnished? Dear reader, I’m sorry to hear that you are having to deal with a wage garnishment while trying to keep your credit card payments on track. Paying your credit card debt when your wages are garnished can be very tough because you have limited options. However, you can carefully plan and enlist the help of NFCC certified …Read More

An Explanation of Your Credit Card’s 4 APRs

The Fine Print of APRs Whether we like it or not, the whole wide world seems to be filled with fine print. Even a receipt from the donut shop has its own share of tiny script laying out the rules and limitations on your purchase. But while it’s usually perfectly safe to ignore the fine print that comes with your morning bear claw, sometimes the paperwork is just as important …Read More