Credit Score is the key for getting a
Credit Card or going for a housing loan. Your credit score slips down and
opportunities for further credit gets affected if repayments of loans are
irregular or the cheques you issued bounce back. Not only that, frequent
contacts with banks for loans also influence your credit rating marks.What is Credit Score? Why it is important in getting bank loans
Credit Score is the key for getting a
Credit Card or going for a housing loan. Your credit score slips down and
opportunities for further credit gets affected if repayments of loans are
irregular or the cheques you issued bounce back. Not only that, frequent
contacts with banks for loans also influence your credit rating marks.
What to see when going for a loan?
Money may not be readily
available to meet the necessities. It is not bad to go in for loan or hand loan
in case of emergencies, provided we carefully assess our ability to repay the
loan. Financial experts say that problems can be avoided if the order of priority
of our financial needs for meeting situations like urgent, pressing, for
fulfilling a wish and for luxury are properly analysed. Mired in Neck Deep Loans – Then this is for you!
Wish to own a home … a branded car … go on foreign
pleasure trips … now they are not that difficult. Bank loans are making a reality
of our dreams. So long everything goes on well, no problem, but when once, for
peculiar reasons, if the repayment of loan installment is delayed or stopped,
then the real problem arises. Banks are ready to sanction loans to meet each
and every of our needs; they do not even mind about the purpose for which the loan
is taken. Twelve principles for a relaxed Financial Future
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