Good credit rating and some kind of banking history are a plus for facilitating you business loan applciation. If you don't have a personal account in good standing that had been in operation for a while, applying for a business loan is difficult, although there might be exceptions.

Good credit rating , a personal account and a banking history in good standing in general are essential to obtain a business loan, although there might be an exception.

Good credit rating can be very important. But then it depends how you explain it and how good or bad is it.

I agreed that good credit is very important especially when getting loans for your car and home, etc.

I didn't take out a business loan. My business has been self-financed all the way through. Obviously, that doesn't work for every business, but I'd much rather secure an investor than a loan.

With the right business plan, it is possible for most businesses to land a financial partner. Sometimes getting the money to get started can be more work than actually starting the business.

If more people put together comprehensive business plans, not only would fewer loans be required, but more businesses would have a greater chance at success.

This is all good information. Also, not maxing out credit cards helps a credit rating as well.

Whether tragic events touch your family personally or are brought into your home via newspapers and television, you can help children cope with the anxiety that violence, death, and disasters can cause.

Listening and talking to children about their concerns can reassure them that they will be safe. Start by encouraging them to discuss how they have been affected by what is happening around them. Even young children may have specific questions about tragedies. Children react to stress at their own developmental level.

The Caring for Every Child's Mental Health Campaign offers these pointers for parents and other caregivers:

* Encourage children to ask questions. Listen to what they say. Provide comfort and assurance that address their specific fears. It's okay to admit you can't answer all of their questions.
* Talk on their level. Communicate with your children in a way they can understand. Don't get too technical or complicated.
* Find out what frightens them. Encourage your children to talk about fears they may have. They may worry that someone will harm them at school or that someone will try to hurt you.
* Focus on the positive. Reinforce the fact that most people are kind and caring. Remind your child of the heroic actions taken by ordinary people to help victims of tragedy.
* Pay attention. Your children's play and drawings may give you a glimpse into their questions or concerns. Ask them to tell you what is going on in the game or the picture. It's an opportunity to clarify any misconceptions, answer questions, and give reassurance.
* Develop a plan. Establish a family emergency plan for the future, such as a meeting place where everyone should gather if something unexpected happens in your family or neighborhood. It can help you and your children feel safer.

If you are concerned about your child's reaction to stress or trauma, call your physician or a community mental health center.

I think good credit is very important. There will be a time in your life when you might want a new car, a home or what ever it may be. And if you have good credit it makes it much easier to obtain a loan.

Yes it does and helps you get a better rate too.

Good credit helps with many other things,such as getting a low car insurance rate. The problem is that only about a third of your credit rating is based on whther you pay allof your bills on time. the other stuff can be easily manipulated.

-- Peter Planchet