What is a Credit Score? Credit scores are measured on a scale of 300 to 850. Your credit score is a representation of how much debt you have, your credit risk, and your likelihood of paying a bill on time. A few factors contribute to determining this, such as how many lines of credit you have and your financial records. The breakdown of what affects your credit score looks something like this: 10% – Types of Credit Used 10% – Recent Credit Changes 15% – Length of...

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There is a lot of misinformation spreading around about coronavirus–from how it is spread to how our economy will be affected. Sadly, the age we live in supports getting this information out quickly and without resistance. Worse than misinformation about the virus, new financial frauds and scams have surfaced as well. Read on to discover some of the more popular fraud schemes to prepare yourself and your loved ones. PPP Email Scams If you’re not familiar, the PPP (Paycheck Protection...

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It’s been a banner year for businesses and the economy. Basically, every business has been affected by this virus. Even if you have a business that remained open, the restrictions, uncertainty, and fear have been enough to make the last few months unlike any we’ve ever seen.   As we begin to ease into our new normal–because going back to the way things were just isn’t realistic–there are plenty of things on our minds. How do we support business and keep our customers...

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