When it comes to credit reports, one of the most frequently asked questions is: How long does information stay on my credit report? The answer is that it depends on the type of information. In this video i will explain what types of information gets reported on your credit report and how long it remains on your credit report. Don't forget to share, like and follow our facebook page: @My Credit Funding for weekly content on credit and business strategy. Also leave us a comment if there is a specific topic about credit you want us to talk about.

Business credit is important for protecting your personal credit. As a rule of thumb, you should avoid using personal credit for business expenses and purchases. Incurring large business expenses with your personal credit will increase your credit utilization ratio, which measures how much credit you are using in relation to your credit limit. High credit utilization has a negative impact on your personal credit score.

The year 2021 is going to be a volatile year. The economy is moving into a 100% knowledge based economy.

Check your credit history Bankers consider how you’ve handled your debt in the past to be a clear indication of how you’ll handle it in the future. You’ll look a lot more credible if your discussions with bankers reflect what’s recorded on your credit history.

Banks are in the lending business, banks are not in the charitable business. Banks lend money to customers that are low risk and highly profitable. Any customer who wants to borrow money from the bank must meet one of these 3 requirements. 1. Good Credit Score/Credit Profile.  2. Assets/Collateral  3. Cashflow/Income.  We will talk about strategies small businesses and individuals can take to access the abundance of credit and capital that's available.

Improve your credit score, Credit profile, and get access to money, and credit anytime you need some.

 Some small businesses left out of federal loan program

Improve your credit score/Credit profile, and get access to money, and credit anytime you need some.

Part 2. Key Partnerships - Business Model Thinking.