Key Takeaways You might not see a business credit card make a difference on your credit report unless you default on the account. Expect to provide a personal guarantee for a business credit card, which means you’re responsible for the debt even if your business fails. Some credit card issuers routinely report business credit activities…
A personal loan allows you to borrow a lump sum of money, in some cases up to $100,000, that you usually repay over a period of one to five years. The interest rate and monthly payments on a personal loan are typically fixed, which means you know exactly how much you owe each month and…
If you don’t have a good credit score, you may have trouble getting approved for loans or credit cards, or you may only qualify for high interest rates. It makes sense to want to improve your situation right away, but fixing your credit requires patience. Companies may offer paid services for repairing credit, but they…
