This workshop will cover the basics of personal credit, the reporting agencies, credit reports and scores. Learn about each component that makes up your own personal report and understand the FICO scoring model. All consumers should have a vested interest in establishing and preserving their credit worthiness and credit standing, because you’ll need to in order to obtain and use credit even when starting a business.Are you considering applying for a small business loan in 2019? Now is the time to start and make a commitment to better spending habits, more savings and an improved credit score. You will need to make sure all of your “financial ducks” are in order before making a serious commitment. Learn how to determine the right amount of debt to take on and how to develop a recovery plan when overwhelmed.What can impact your score to increase or decreaseCost of having good vs. bad creditYour rights as a consumerOpt Out OptionsHow to get your official FREE credit reportTips to avoid identity theftNew credit card rules and policiesWe will also be introducing a new program we have with HSBC – Secured Credit Card to help small businesses build their business credit! More info below:The HSBC Secured Credit Card program provides business and credit counseling, matched savings grants, and access to the mainstream banking system to those seeking to improve their financial stability.