'Adequate financial transactions' presentation slideshows

Can your personal credit score affect your Business?

While granting a loan, banks and financial institutions assess the creditworthiness of the borrower based on a number of parameters. Most lenders use the borrower’s personal credit score as the primary parameter to determine his credit history, assess his credit worthiness, and evaluate the credit risk associated with the loan. Hence, most borrowers believe that their personal credit score affects their personal life exclusively. But your personal credit score has more to do with your overall financial stability than with your personal life.

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