How Your Business Credit Could Affect Your Personal Credit And How To Protect Yourself

You know to keep your finances separate. Business expenses should be kept on business accounts and personal expenses should be kept on personal accounts. You know better than to co-mingle your finances and doing that protects you from having your business credit affect your personal credit. [Read more]

New York Senator Schumer Tries to Make “Free” Credit Reports Free

Most people can sing along with the commercials about free credit reports. These commercials are entertaining and funny, but are they offering an honest product? New York Senator Charles E. Schumer doesn’t think so. He believes these ads are the equivalent of scams and wants to do something about it. [Read more]

Credit Reporting Rules Are Changing

The word “credit” is being tossed around constantly these days, and it has everything to do with the recent credit crunch and new legislation regarding credit cards. The Credit CARD Act of 2009 has a lot of provisions regarding what credit card companies are going to be allowed to do in the future, but there is also a sneaky little addendum regarding credit reports. [Read more]

Good Credit Not So Good?

In a shocking turn of events, credit card companies have recently concocted a new scheme to make more money. Unlike in the past, when credit card companies could rely on a small percentage of their customers to pay a lot of interest for their profit, there are now too many customers who cannot pay anymore. The credit card companies are suddenly owed way too much, and they have lost billions as a result of the economy. [Read more]