Knowing Your Credit Score

Knowing Your Credit Score

Credit File Repair, Finance
A credit score is the way credit providers assess the level of risk a person is towards paying credit such as a loan back. A credit score ranges between 0-1200 with the higher the score being the most likely to repay and the more reliable. Your credit score ranges from: Excellent (833-1200)Very Good (726-832)Good (622-725)Average (510-621)Below Average (0-509) Having a bad credit score can have a negative impact on your life, it can be the reason you haven’t been approved a house or that you have a high interest rate. Most people don’t check their credit score, however, if you want to be approved a loan its important to see what you have and whether you need to improve. One of the largest credit reporting bodies is Australia is Equifax,…
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Shopping or Networking?

Shopping or Networking?

Business Consulting, Finance
At the start of this month ECON Business Solutions ditched the office and went to Dandenong Plaza to talk to the public about our business. This wasn’t an ordinary event, we wanted to educate potential clients about their finances and offer advice to help their current situation. We attracted their attention through gimmicks like our spinning wheel and marketing material. We recommend doing this for all businesses because it was a direct method to talk to our target audience and market our business. Our goal of the event was to create brand awareness for our business and to gain potential clients. We had our credit management department and our brokers ready to give guidance to anyone that needed it. We also provided marketing material such as flyers and a banner…
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