There is no universal credit score requirement for a business loan. Eligibility varies by lender and loan type. Small Business Administration (SBA) loans and term loans from banks typically require a ...
These credit score myths can sabotage your finances. Here's what to believe (and what to ignore) if you want to build better ...
Learn what a credit history is, how it affects your credit score and report, and tips for improving it. Unlock better loan ...
Explore business credit scores, learn how they work, factors affecting them, and effective strategies to improve them for better loan opportunities and growth.
Mercury reports that business credit scores may not improve despite timely payments due to factors like report monitoring and ...
Credit scores existed for decades before 1989. What changed that year was the introduction of the FICO score, the first generic credit scoring system. Previously, lenders developed and used their own ...
Most people treat their credit score like a report card they check only when something goes wrong. But once your score ...
About 18% of Generation-Z have never checked their credit score. Among those who feel stressed about their credit, 62% said anxiety keeps them from looking at their score at all. This disconnect isn’t ...
The average credit score in February 2025 was 715, according to FICO, the data analytics firm whose scoring models are used in 90% of lending decisions. That's compared to 716 in January 2025 and 717 ...