Category: Business Credit

How to Build Business Credit in Less Than 2 Weeks

How to Build Business Credit in Less Than 2 Weeks

Ready for a challenge? Of course you are — you’re a business owner after all. How about a challenge to establish and build business credit in less than two weeks? If you’re like many of the entrepreneurs we work with at Nav, building credit for your business is a task that’s been on your “to do” list for a while, but you’ve relegated it to the back burner more than once, and it’s simply not getting done. We’re going to… Read More
How to Get Your First Business Credit Card

How to Get Your First Business Credit Card

Perhaps you’ve taken the leap and started your own company, and now it’s time to get a small business credit card. Or maybe, your business has been around for awhile, but you haven’t had the need for a credit card, until now. Either way, here’s what you need to know to open your first business credit card account. How business credit cards work A small business credit card works almost exactly like a consumer credit card. Like a consumer credit… Read More
Is PayPal Credit Right for You?

Is PayPal Credit Right for You?

From launch in 1998 by one of America's most notable investors, Peter Thiel, to going public in 2002, PayPal quickly established itself as a pioneer in the online digital wallet space. Today, PayPal is an $11 billion-plus organization specializing in online payment transfers, an excellent alternative to traditional money orders, checks, debit cards, etc. In 2000, a service called "Bill Me Later" was introduced as a revolving credit line from Comenity Capital Bank, which allowed consumers to have "retail/point of sale… Read More
What’s the Lowest Possible Personal Credit Score You Can Get?

What’s the Lowest Possible Personal Credit Score You Can Get?

In the world of finance, it’s common to hear people bragging about their credit scores. These badges of money honor are one famously important indicator of how accomplished a consumer appears. The higher, the better, and so – when talked about openly – it’s most often the big numbers you’ll hear about. What about those who are hanging out at the bottom? Their credit history may not be a sign of good times or wise decisions. Perhaps, they suffered from… Read More
Will I Have to Pay Taxes on My Credit Card Rewards?

Will I Have to Pay Taxes on My Credit Card Rewards?

As the old saying goes, there’s no guarantees in life but death and taxes. And while you will eventually experience both of those things, thankfully they will not be the result of all of your actions. For example, the rewards you earn from your credit cards are generally not tax deductible. Here's how cash back credit card rewards escape taxation. The credit card industry is extremely competitive, and card issuers will offer generous amounts of points, miles or cash back… Read More
Global Entry vs. TSA PreCheck vs. CLEAR: Which Is Right for You?

Global Entry vs. TSA PreCheck vs. CLEAR: Which Is Right for You?

Modern aviation is quite miraculous in many ways. It wasn’t that long ago that the thought of routinely flying at 500 miles per hour at 40,000 feet would have been the stuff of science fiction. At that altitude, the air outside is too thin to breathe and it could be 60 degrees below freezing, but we’d think nothing wearing everyday street clothes during our journey through the stratosphere to our next business meeting. Yet if there’s one aspect of air… Read More