Financial/Credit Help Archives | Prime One Financial Services

06Jun

Unlocking Your Business Potential: How Equipment Funding Can Supercharge Your Growth

June 6, 2023

In today’s competitive business landscape, staying ahead of the game requires more than just hard work and determination. It requires the right tools and equipment to supercharge your growth and maximize your business potential. That’s where equipment funding comes into play. Equipment funding can be the key to unlocking your business’s growth and propelling it to new heights. Having up-to-date equipment is essential for business success. Modern equipment enhances…

21Aug

What Do Credit Scores Mean and Why Are They Important?

August 21, 2018

What is a credit score? A credit score is a three-digit set of numbers ranging between 300 and 850 derived from information in your credit report. The higher the number is, the better the score. Lenders such as banks, credit card companies and finance companies use this information to determine loan eligibility, interest rates and credit limits. Credit scoring is not limited to lending institutions. Other organizations, including mobile…

21Aug

7 Simple Strategies to Build and Rebuild Credit

August 21, 2018

Sadly, there is no quick fix to establishing and building positive credit. Because healthy credit practices aren’t normally discussed in homes or taught in public schools, many Americans don’t understand how credit works and struggle to establish and maintain positive credit scores and credit history. Poor credit scores can cause hugely inflated interest rates when purchasing cars and homes, denials on personal and business loans and even determine eligibility…

21Aug

7 Simple Ways of Making Several Steams of Income

August 21, 2018

In today’s tough economy, it’s virtually impossible to strike it rich on a regular nine-to-five job, working five days a week for the next 30 years. Food, housing and utility costs increase by the week. Meanwhile, paychecks seem to stay the same. While many Americans struggle to make ends meet, live paycheck to paycheck and essentially work simply to pay off debt, in order to experience the finer things…

21Aug

What Is Bitcoin?

August 21, 2018

Bitcoin is a digital currency used to purchase items online. Payments are cheap because bitcoins they do not carry any additional bank charges, government control or regulation. Many companies such as Microsoft, Virgin Airlines, WordPress and Subway use bitcoin to buy and sell items. Bitcoin differs from traditional currencies such as the U.S. dollar because there is no actual physical currency. Small businesses like bitcoins because they alleviate credit…

21Aug

Five Reasons to Avoid Payday Loans

August 21, 2018

The lure of quick cash from payday loans may seem like an easy solution to money shortages during a time of need. Also called check loans or cash advances, the borrowed money is secured by your next work paycheck or government benefit check. To qualify, borrowers provide personal, financial, benefit and employment information. And in a few, short minutes, the cash is available via paper check or deposited directly…

21Aug

How to Deal with Debt Collectors

August 21, 2018

There’s nothing more aggravating than having debt collectors hound you early in the morning when just waking up, at work or during dinner time with your family. The constant annoyance of your phone ringing from those pesky and persistent parasites are enough to either drive you insane or drop your head from the shame of being constantly reminded that you failed to pay back a debt. These agencies are…

21Aug

How to Dispute Errors on Your Credit Report

August 21, 2018

Let’s face it. Nobody is perfect, and even your credit report can fall victim to imperfections. Your credit report could be a deciding factor in obtaining a credit card, landing that new job, buying a house or having utilities turned on. Many businesses use your credit report to make determinations about your credit worthiness. So it is important that your credit report is accurate. Any deficiencies on your credit…

21Aug

The Difference Between Secured vs Unsecured Cards and Which Is Better For You

August 21, 2018

Secured Credit Card A secured credit card is funded by a cash deposit supplied beforehand by the cardholder. The amount deposited onto the card is your credit limit, which can be increased by adding more funds after demonstrating a good payment history. The credit line with secured credit cards will be from 70% to 100% of the security cash deposit. Depending on the credit card issuer, the deposit will…