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More credit myths that can trip you up: Plain Dealing
smallbusinesscreditnews.com

But a freeze won’t prevent creditors you currently do business with making “soft inquiries” about how you’re handling your accounts. Unlike hard inquiries prompted by credit applications, soft inquiries don’t ding your score. Freeze or not, a current …

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More Signs Credit Is Loosening for Small Businesses
smallbusinesscreditnews.com

The survey (PDF), conducted for FICO (FICO) by the Professional Risk Managers’ International Association, polled 255 risk managers at U.S. banks, finding that more than 70 percent expect increased demand for small business loans over the next half-year …

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What’s not to like? SBA wants to spend less money, make more loans and cut its …
smallbusinesscreditnews.com

Not counting disaster loans, the SBA is asking for only $810 million in funding, a decrease of $109 million. The biggest reason for the budget cut is that the SBA now thinks it can back up to $23.8 billion in loans to small businesses next year with a …

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Make Your Business More Lucrative With Bad Credit Business Loans
smallbusinesscreditnews.com

Are you currently an ambitious business owner who just ends up with bad credit score? This is common these days and many new businesses ended up in closing their ventures due to no financial support.

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Buyers Find More Money, Lower Rates on Car Loans
smallbusinesscreditnews.com

Things are getting easier for consumers who want to buy a car, with lenders offering lower interest rates on car loans and allowing larger loan amounts, according to the latest data by Experian Automotive, which compared car loan activity in the fourth …

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