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Business credit cards without personal guarantee are often dreams come true for small business owners. For most small businesses, it’s extremely hard to get this term on a credit card. A personal guarantee reduces the risk for creditors lending you money. Think of it like co-signing a loan with your company. If you co-sign on an apartment lease and the other person doesn’t make rent, you’re...

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Most consumers know they have a credit score and have at least a vague idea of what it’s used for. Few of us, however, are familiar with the credit score’s cousin: the ChexSystems score that documents your banking activity. ChexSystems is a consumer reporting agency that tracks and reports on individual consumers’ history with deposit accounts. Using the information in this report plus other sources of...

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If you have a spotty credit history and you’re working to turn your finances around, you may be wondering how to remove negative items on your credit report. Late payments, charge-offs and overdue account citations can all count against you. There are, however, a few ways to remove past mistakes, one of which is a pay for delete letter. A pay for delete letter is a...

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