Daily Archives: 3:00 pm

How do I run credit reports on prospective customers?

MissMary1 asked: I operate a small business. We are getting into a new market of residential customers and I would like to be able to run credit reports on potential customers. How do I do it? We sell a consumer product that generally gets financing, however, with the residential customers, we are going to finance…

What is a home equity loan and what is the process to applying/being accepted for one?

Phoenix asked: I paid roughly $90,000 for my home. It was a TLC home and I’ve fixed it up in the past 9 years dramatically. New roof, new walls, siding, porch, heating system, well etc. My home and property was valued at $275,000 last year. Does equity play a part in this. Am I eligable…