Vicky McLoughlin No Comments

Positive Credit Reporting – What it means for you

Positive Credit Reporting also known as Comprehensive Credit Reporting (CCR) is a reporting system whereby lenders share more of your data with credit bureaus such as Equifax and Experian. This in turn will be listed on your credit report.

In the past, the only information that was mandatory to share was Negative Credit Reporting. It wasn’t until 1st July 2018 when it was made compulsory for the big banks to share at least 50% of your positive credit data with credit bureaus. By 1st July 2019 this amount will be increased to 100%.

Read more

Vicky McLoughlin No Comments

Top Tips For Small Business Money Management

To be successful in business it’s essential to effectively manage your money.

Seeing more go out than come in within a month, or debt that seems to continually be growing without the same levels of growth on the profitability front can be a real worry. Managing your money is more than just knowing how much is in your account and mistakes can be quite common in the small business community. 

At Seek Financial we’re here to help. We take a personalised approach and get to know you so that we can really help you to upscale your business, achieve your goals and be successful.

We’ve put together some of our top tips when it comes to smart money management as a small business:

Read more