Tag: borrowing

How to improve your credit score

Before a loan is granted to a customer, the bank or financial institution carries out various checks to make sure that the customer will repay the loan along with the interest due. One such determinant when granting a loan is the credit score. This measure indicates the customer’s credit history, with respect to his bank […]

Growth through over borrowing – a wrong practice

Taking debt to grow is actually as ridiculous as it sounds. Unfortunately it did not really sound too ridiculous to the experts and policy makers of the western world.  But the truth is that it is a flawed business model as at some point of time or the other the debt would need to be […]