Category Archives: Credit

Cash or Credit?

What is an equipment financing portfolio?

A few posts ago I mentioned that we had an equipment financing portfolio, and that the term would be fodder for a future blog post. Well here we are – let me explain what I mean by “equipment financing portfolio”. The truth is, every equipment financing company has an equipment financing portfolio. That’s because an equipment financing portfolio… Read More »

Why are credit card rates so high?

I get cornered at parties a lot and asked all kinds of financial questions. I guess if you work in any industry where “money” is involved, you become some kind of money expert. At least in the eyes of others. So the other day I get asked “Fletch, why are credit card rates so high, higher than things… Read More »

Good Debt vs Bad Debt

Being that I work in equipment finance, I need to clear a little something up in regards to debt: Regardless of what you hear on the TV and such, debt is not evil, debt is not bad, and debt is not responsible for the economic slowdown. At least not good debt. What’s the difference you ask? Well, it’s… Read More »