You may be aware that your insurance premium is calculated from a number of factors—such as where you live, your age, your claims history and your occupation. However, your credit score also plays a significant role in establishing the cost of your premium.
Keep reading to learn more about why your credit score is used to determine your personal risk and how you can implement credit-bolstering measures to secure a cost-effective premium. [Read more…]
Criminals use tax scams to obtain employee and business information for financial gain. While the peak time for these scams is tax season, scammers can strike at any time. This article discusses common tax scams businesses face and how to avoid them. [Read more…]
A recession is a prolonged and pervasive reduction in economic activity that can last for several months or years. Amid a recession, organizations of all sizes and sectors usually experience decreased sales and profits stemming from changing economic environments and consumer behaviors. [Read more…]
The U.S. inflation rate has increased by 9.1% year over year, according to the Bureau of Labor Statistics (BLS). The BLS also reported that this is the highest the inflation rate has been since 1981. This has led to significant price increases across many consumer goods. As a result, you’ve likely noticed that prices for necessities such as gasoline and groceries have risen.
While it’s uncertain how long heightened levels of inflation will last, it’s best to focus on what you can control. [Read more…]
