Credit Scores

a person holding a credit card next to a calculator

Paydex vs. Personal Credit Scores: Understanding the Key Differences

Introduction to Credit Scores Credit scores serve as an essential numerical representation of an individual’s or business’s creditworthiness. These scores range from 300 to 850 for personal credit and play a critical role in how lenders assess risk when determining whether to extend credit. A higher credit score generally indicates a favorable credit history, enabling […]

Paydex vs. Personal Credit Scores: Understanding the Key Differences Read More »

Business Credit

Building Business Credit: A Beginner’s Guide

Did you know that the FICO Small Business Scoring Service (FICO SBSS) uses a credit score scale of 0 to 300 for businesses1? This startling statistic highlights the importance of building strong business credit, as it can open the doors to financing and investment opportunities that your company may need to grow and succeed. As

Building Business Credit: A Beginner’s Guide Read More »