The Vance-Granville Community College Small Business Center is offering a free seminar that offers helpful tips on how to obtain a better credit score.
“How to Increase Your Credit Score to Over 740 Points; Prepare for a Bank Business Loan!” is scheduled for Thursday, June 22, from 6 until 9 p.m., in room 7109 (Building 7) on the college’s Main Campus in Vance County.
According to instructor Bob Moore, “a very good credit score is now considered to be 740 points, with an excellent credit score being over 800 points. Now more than ever, having good credit is important in being able to obtain a loan for your business or to obtain a personal loan.” He added that a person’s credit score is also important in determining the interest rate of their loans, their insurance premiums and deposits required for phone and utility services.
In this three-hour seminar, attendees will learn how to raise their scores simply by the way they use their credit cards, treat inquiries, make payments and carry balances. This seminar will include information about the importance of maintaining good credit and the positive financial consequences it produces. Moore will also discuss the history of credit scoring, how to read a credit report and what factors are used in calculating a FICO or Beacon score.
A graduate of Fayetteville State University, Moore is a longtime small business owner and serves as director of the Small Business Center at Robeson Community College in Lumberton. He was honored as the Small Business Center Director of the Year for the entire North Carolina Community College System in 2013.
For more information and to reserve a seat in this free seminar, contact Small Business Center director Tanya Weary at smallbusiness@vgcc.edu or (252) 738-3240. The deadline to register is June 19.
Registration can be completed online at www.vgcc.edu/schedules/small-business-center.
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