Credit Dynamics

Event Details

Event Date

Oct 04

Event Time

10:00 am — 11:00 am



The Relationship Between Personal & Business Credit Growth


A Minority Enterprise Development (MED) Week Event 

Did you know your personal credit score can even affect your approval for business loans?

According to Forbes, a nearly perfect credit score is often required for the most advantageous bank loans, and the average minority small business owner has a credit score of about 707 — 15 points lower than the average small business owner in the U.S. If your score is lower than this or you’re barely maintaining a good score, don’t fret. Experian reports that “a fair credit score is generally a FICO Score of 580 to 669. While this is considered a low credit score, you can take steps to improve your score.”

Don’t let your personal credit score mess up your chances of getting a decent business loan, and push you to use personal credit to pay for business needs. Let us help you find financial balance as we share strategies to make your credit work to your advantage and not the other way around. 

Join PIDC during Minority Enterprise Development (MED) Week as we go beyond the score and take a deep dive into the relationship between personal & business credit growth. Through looking at the interplay of personal and business credit from a dual approach, you’ll start to build good credit habits and a better credit score. 

In this workshop you will:

  • Increase your credit knowledge
  • Discover why your credit score matters
  • Identify good credit behaviors
  • Find out how societal pressures can negatively impact your credit score and how to avoid it 
  • Learn how you are compared to others by state based on your credit score 
  • Identify goals and what you can expect at each level of credit gain
  • Find out how to forecast the timing and reporting of your credit to have it work to your advantage 



This workshop will be taught completely in Spanish from 9:00AM-10:00AM and then repeated for a second session taught in English from 10:00AM-11:00AM. Register separately for each (see below). All are welcome to attend one or both sessions based on language preference.



Register in English here to receive your unique Zoom link.

  • October 4
  • 10:00AM-11:00AM 

Regístrese AQUI para recibir su enlace individual de Zoom para asistir al evento virtual.

  • 4 de Octubre de 2023
  • 9:00AM-11:00AM



  • To access the workshop, please AUTHENTICATE by first logging in to Zoom using the same email address you used to register for the workshop, then click your link to join. If you need assistance, call PIDC at 215.496.8020.
  • For security purposes, everyone must have a registered Zoom account to access PIDC’s workshops. If you do not have one, sign up for a free Zoom account.