With this in mind, it is important to make sure you have a good credit score before applying for a new loan on a small business. (northshoreadvisory.com)
Homeowners need to have at least 20 percent equity in their home to qualify for a new loan without paying private mortgage insurance. (rismedia.com)
Overall, your credit score helps determine if you get approved for a new loan and at what terms and interest rate, so it pays to know where you stand. (valuepenguin.com)