Since the 2008 financial crisis, a growing number of consumers have questioned the current credit scoring system that runs our financial lives. Even consumers with good financial habits find it difficult to access the credit they desire because of their "thin" credit files.
Federal law allows government agencies and businesses that have a legitimate need for your credit information to access your credit report before doing business with you or after you become a customer -- even without your permission.
Big banks prefer making multimillion-dollar loans to large corporations instead of small-businesses because the fee income is greater and it allows them to hire experts in industries that they want to target.
Should we really believe that 20 million people purchasing luxury goods such as jewels, fashion, yachts, private planes and lavish international travel will be a major boost to the U.S. economy! Come, on.
Now is the time to think about dusting off your old business plan as the economy improves. A business plan is required to obtain a loan or venture capital. It is uniquely designed as a sales tool to get financing.