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Credit Reporting Basics

Credit Reporting Basics

Credit Reporting Basics There is a basic common law principle that anyone can tell a story about anyone else as long as it is a truthful story.  When the story begins to skew away from truthful (which is obviously a debated issue) then that’s when common law...

Credit Industry Background

Credit Industry Background In the US, the cost of credit was largely unregulated until the 1960’s when Congress passed the Consumer Credit Protection Act (CCPA) which contained the Truth-in-Lending Act (TILA).  CCPA has since grown over the past 50 years to include...

Credit Basics

Credit Basics Credit and debt are two sides to the same coin.  In other words, the two are, for the most part inseparable.  Credit is the granting of a deferred payment by a creditor to a debtor for the promise that the debtor will repay the debt based on the terms of...
Compliance

Compliance

Compliance Part of being the CFO of your small business is to be able to make sense of the numbers.  Only once you can turn your data into usable information can you more effectively plan out your business.  Understanding your compliance is important because your...
Cash Position

Cash Position

  Cash Position Part of being the CFO of your small business is to be able to make sense of the numbers.  Only once you can turn your data into usable information can you more effectively plan out your business.  Understanding your cash position is important...