Penn Credit Corporation’s Blog

The Impact Of A Second Mortgage

The Impact Of A Second Mortgage

As interest rates remain low, many homeowners are considering if they should refinance or access cash through a second mortgage. Depending on the unique circumstances of the individual homeowner, the origination of a second mortgage may have a significant impact on...

How To Come Back From Bankruptcy

How To Come Back From Bankruptcy

There are plenty of reasons why you may need to file for bankruptcy. This huge decision may make you feel doomed, but it is often the right choice. If you make the right decisions following your bankruptcy, then you can easily find yourself in a solid financial...

3 Things to Understand About Passive Investing

3 Things to Understand About Passive Investing

Passive investing is a simple yet very powerful financial concept that few people seem to understand or care about. In a nutshell, passive investing is a strategy that aims to maximize returns by assuming long-term positions in the market. While it can indeed improve...

4 Signs Your Business is in Financial Trouble

4 Signs Your Business is in Financial Trouble

Financial worries are ever-present in business, whether it's constantly dropping revenues or significantly increasing debt. But diagnosing your business' financial health and detecting the proverbial kinks in its cash flow isn't that simple or straightforward. To help...

What Are Financial Audits?

What Are Financial Audits?

Auditing has become necessary in many businesses and industries. Performing financial audits is essential to run a business that is fair, legitimate, and resourceful. Business owners need to save money, stop wasting their resources, and remain compliant with numerous...

How to Approach a Business Audit

How to Approach a Business Audit

The average business owner should know about the different types of audits they face. There are certain general procedures that every internal or external auditor should go through. Every auditor should know precisely how to carry out a professional, legitimate audit....

Tips To Improve Your Financial Planning Efforts

Tips To Improve Your Financial Planning Efforts

Creating a financial plan for your business is essential for its long-term success and growth. This begins with the solid business plan you used to create your business, but financial planning requires a more comprehensive strategy for continuing to monitor your...