Top Secret Corporation Inc

01/26/2017

Looking for a quick Credit boost!

01/23/2017

Don't wait six months or 10 years to boost your score. Boost it immediately with a Credit Trade Line. A credit report trade line is simply an industry term to describe a credit account. If you have credit accounts, then you have credit trade lines on your credit report. These can come in form of line of credits, car loans, mortgages, credit cards, and payday advances. [ 103 more words ]

https://topsecretcorpblog.wordpress.com/2017/01/23/boosting-your-credit-score

Don’t wait six months or 10 years to boost your score.  Boost it immediately with a Credit Trade Line. A credit report trade line is simply an industry term to describe a credit account. If y…

01/06/2017

Things to know:

The three credit bureaus do not report the same information. So your credit score will vary with all three bureaus.

01/06/2017

Things to know:

To obtain an 800 credit score;
you will need a lengthy credit history, high credit limits with less than 10-20% utilization, no late payments and a variation of credit (mortgage, loan, car, and credit card).

You can actually have one of each and have a high credit score. A good credit report will not have numerous items listed.

01/05/2017

Things to know:

When applying for a mortgage, your credit does not affect the loan amount but the interest rate you will receive.

01/04/2017

Things to know:

Credit reporting did not become popular until the 1970's with the establishment of the Fair Credit Reporting Act.

01/03/2017

Things to know:

Having no credit is considered bad credit.

01/03/2017

Are you trying to rebuild or establish credit whether personal or business? Try a secured card for improving your personal credit or a Net-30 day account to start building your business credit. PERSONAL CREDIT Discover it Secured Card - No Annual Fee Poor to Average Credit Capital One Secured MasterCard Poor Credit BUSINESS CREDIT Labor Ready Med Ex Supply Monopolize Your Marketplace Amsterdam Uline Grainger Industrial Supply Quill

https://topsecretcorpblog.wordpress.com/2017/01/03/best-credit-cards-for-building-and-rebuilding-credit-for-2016

Are you trying to rebuild or establish credit whether personal or business?  Try a secured card for improving your personal credit or a Net-30 day account to start building your business credit. PE…

12/30/2016

How can I find out my business credit score?

Experian - http://sbcr.experian.com/pdp.aspx?pg=Sample&link=5502&hdr=PP

Equifax - http://www.equifax.com/business/business-credit-reports-small-business

Duns and Bradstreet - https://creditreports.dnb.com/m/home?storeId=11154&cm_mmc=dnbi-pro-agent-_-125208

Experian business credit reports from SmartBusinessReports. Get your business credit report before you hire companies. Searching our business database is free. SmartBusinessReports lets you choose from a range of business credit reports

12/29/2016

Equifax Business Credit Scores

The business failure score measures the likelihood of your business closing. It ranges from 1,000 to 1,880, assessing these things:

Length of time since oldest financial account opened
Total balance to total current credit limit average utilization in prior three months
Worst payment status on all trades in the prior 24 months
Evidence of non-financial transactions (such as invoices from a vendor) being delinquent or charged off for two or more billing cycles
For both the credit risk score and the business failure score, a rating of “0” indicates bankruptcy.

www.topsecretcorp.com

12/28/2016

Equifax offers three different assessments for businesses on its business credit reports: the payment index, the credit risk score and the business failure score.

Like the PAYDEX score, Equifax’s payment index, measured on a scale of 100, reflects how many of your company’s payments were made on time. This includes both data from vendors and creditors. It’s not designed to predict future behavior, though, says Tonya James, Equifax’s vice president of product management. That’s what the other two scores are for.

The credit risk score looks at the likelihood of your business becoming severely delinquent on payments. Scores range from 101 to 992, measuring these things:

Company size
Available credit limit on revolving credit accounts, such as credit cards
Length of time since oldest financial account opened
Evidence of non-financial transactions (such as invoices from a vendor) being delinquent or charged off for two or more billing cycles

www.topsecretcorp.com

12/27/2016

How to Improve Your Business Credit Score

1. Check your business credit report regularly and verify that the information is accurate and up-to-date.
2. Establish business credit with companies that report trades. Remember, not all business creditors report their trade information.
3. Pay your creditors on time. Historical payment behavior with previous creditors plays a major role in determining your business credit score.