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Explore whether a 690 credit score is good, how it compares to the U.S. average and how it impacts loan eligibility.
A 693 credit score is considered 'Good', reflecting low risk with possible late payments or limited credit history.
Explore automatic invoicing software's role in modern businesses and steps for implementation, providing improved cash flow and reduced errors.
A 708 credit score provides access to loans and credit products with decent interest rates and conditions. Understand its benefits and limitations.
Credit balance meaning refers to money owed to a party or available for use, evident in bank accounts, credit cards, and payable/receivable accounts.
Explore how to calculate bad debt expense using different methods like Direct Write-Off, Allowance Method, and percentage of Sales or Receivables.
Uncover best practices for B2B collections, including well-defined processes, multi-channel reminders, easy payment options, and A/R automation.
A 746 credit score is classed as 'very good', providing borrowers with superior rates on loans and credit cards.
A 779 credit score, viewed as 'very good', garners lenders' favor for lower interest rates and best credit offerings.
A 754 credit score, classified as 'very good', ensures high approval rates for loans with low interest rates.
A 698 credit score falls within the "good" range. However, regular monitoring and keeping credit utilization below 30% can help improve it.
Ordinary and necessary bank fees like monthly maintenance, overdraft, transfer, and credit card processing fees are tax-deductible for businesses.
Debt to Asset ratio = Total Debt / Total Assets. It assesses a company's leverage and financial health.
It is recommended to wait at least 2 years after debt settlement before applying for a mortgage due to credit score impact.
A credit memo amends invoices, reducing the amount owed by buyers, used for legal adjustment of invoices without needing deletion.
A 684 credit score falls in 'Good' range but reflects credit history with a few mistakes and moderate lending risks.
"Please note, a convenience charge of 1.5% applies to all credit card transactions" - clear examples of credit card convenience fee wording.
The first collection letter, an important tool in maintaining customer relationships, sends a message about your AR processes.