Small Steps Build Credit

When you get started on your own financially, the world can seem like a very restrictive place. Everywhere you turn, you get refused for not having sufficient credit — or any credit at all — to obtain financing or a wide number of things that are based on credit. It can simply seem ridiculously unfair for those who are unexperienced. They find themselves roped up and at a loss when it comes to not only getting loans, but also establishing credit. [Read more]

Handle Credit With Caution

The economy of the United States is largely based on credit. Everything that has driven the system so far has relied on a means of building credit and being given credit towards securing possessions on terms of a loan of some sort. While the system has its ups and downs, the banks and financial institutions of the country have managed to create a mess out of things by overextending credit to unworthy parties and by amassing bad mortgages and loans that have suffered from defaults. [Read more]

Non-profit Cooperates With Credit Card Bureau to Help Small Business Owners Build Credit

Experian, one of America’s three major credit reporting agencies, has declared that it will work together with the Credit Builders’ Alliance (CBA) to help lower-income individuals – especially lower-income entrepreneurs – work on building their credit history. This will help the  lower-income small business owners borrow microloans from community organizations to qualify for bigger loans from mainstream financial institutions. [Read more]