Your credit score is a critical factor that banks consider when approving loans. Your income and repaying capacity play an essential role, but your credit score acts as a clincher. A good credit score makes it easy for the banks to decide whereas a sub-par credit score can make them think twice before lending you any money. It is because your credit history reveals your intentions and ability to repay. When you Apply for a Business Loan, the banks usually call for the credit history of the company as well…
Read MoreThursday, April 25, 2024
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