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Credit : Business & Finance

Are Equity Accounts a Credit Balance Account?

Accountants classify equity accounts as those that determine the net worth of the business. All companies include equity accounts, whether the business owner organizes as a sole proprietorship, a partnership or a corporation. Most equity accounts are reported with a normal credit balance, but some e

Know the Dangers of Debt Settlement

Even though debt settlement may promise to reduce your debt, they can't promise to keep your credit in tact at the same time. Find out how debt settlement works and why it may not be the best solution.

The Impact of Credit Scores on Car Insurance Premiums

Credit Scores are more important than ever with many car insurers looking at your credit score to help determine how likely you are to make a claim. It doesn't matter whether you believe that

Tips For Finding A Credit Card Company

The best credit card companies have the following important things in common: they are accepted by most vendors, they have great rewards, they have a good interest rate, they have effective customer service and they have low or zero annual fees. Consider this, and the following advice, when looking

Difficulty in Getting Credit Cards Approved

While having too many credit cards is a problem for some people, other people face difficulties acquiring a credit card. Obtaining a credit card requires you, as a potential borrower, to prove to the card issuer that you will repay the loan you take out and therefore make the lender a profit. There

Similarities Between an Open Account & a Documentary Letter of Credit

When selling goods internationally, exporters must find a way to facilitate payment from a buyer in a foreign country. Two of the most popular ways of doing so are to sell on an open account or to get a documentary letter of credit. Letters of credit allow the buyer and seller's banks to complete th

How to Report Workers' Comp

Workers' compensation provides medical, disability and death benefits to those who experience injury while on the job. It is a no-fault system, which means you file and collect benefits without having to find blame. The disadvantage is that you cannot sue the employer for damages covered under the w

Prescreening Credit Reports for Jobs

The Consumer Credit Reporting Reform Act of 1996 allowed companies the opportunity to prescreen credit histories. Sometimes used for purposes of offering new credit cards or lowering insurance rates, companies use prescreening to learn more about job applicants. Some states prohibit this practice en

Credit Score Secrets Part 3 - Credit Scoring and Your Financial History

Your credit history affects your ability to borrow and even creeps up to attack how much money it costs you to borrow once you find yourself actually approved for something. Every creditor, lender or individual interested in someone as a prospective customer has a credit scoring system in place to u

Negotiating Credit Card Debt the Right Way

Good luck trying to call up your credit card company on your own and getting them to reduce your debt-there's a better way to go about it. Negotiating credit card debt the right way is something you should learn more about so you can get out and away from your debt.

Defend Your Online Business With Bin Database Software

Bin database software can become a vital part of your business in protecting your company if you take money online. Based on debit cards credit numbers, this software can detect details of bank that have ...

How Knowledge of Credit Can Help #12 - Covering the Bills

Your numbers will also have an impact on starting new contracts with television companies, getting financing and charging deals with retail stores and much more. If you have a good number you will be able to get what you want and at a better price.

Expected Terms of an Auto Loan For Someone With Bad Credit

When someone with bad credit finds that it's time to shop for a car, they will find that they will have to pay more on the terms of their loan. There really is no way around it. A person with bad credit is termed as such if they have a FICO score of 600 or less.

If I Declare Chapter 13 Bankruptcy, Can I Still Keep Any Credit Cards?

Filing for Chapter 13 bankruptcy is an acknowledgement that the person who files has lost control of his debt and become unable to keep up with payments. Much can be lost during bankruptcy--everything from self esteem to homes--and the day when someone can begin to rebuild can seem very far off. Bec