Is a Merchant Cash Advance a Loan?
If your business needs fast cash, you might be considering a merchant cash advance (MCA). But is a merchant cash advance the same thing as a loan? Not exactly, and understanding the difference can have a big impact on your business’s bottom line. Unlike traditional loans, which are repaid in fixed monthly installments with interest, […]
Can You Buy a House with Credit Card Debt?
You’re not alone if you’re juggling credit card balances but dreaming of a new home. Many buyers wonder if debt will block their mortgage approval. According to the latest numbers from the Federal Reserve Bank of St. Louis, the average American household carried $6,065 worth of credit card debt in 2024. Given these numbers, it’s […]
What Happens When a Business Is Sent to Collections, and How to Handle It
If your business is behind on payments, you could eventually be sent to collections, a process that can be both financially and emotionally stressful. Understanding what happens when a business is sent to collections can help you prepare, respond strategically, and reduce long-term damage. Here’s what you need to know about the commercial debt collection […]
