TIPS FOR ENTREPRENEURS TAKING LOANS | Become a best Entrepreneur
○There are downsides with an entrepreneur and most of that revolves around unpredictability of work, money etc. Entrepreneurs typically have it tougher from lenders, most of which revolves around unpredictably of work, money, etc. However, fundamentals to getting a good score are predictable. Good credit scores, given all other parameters, ideally translate into competitive rates and higher santion limits. Here is a list to help you. 1)PAYMENTS Missed, delayed payments have a direct coorelation with a negative impact on scores. Pay dues on time, everytime and pay up the promised amount. This translates into racking up a good score. Set reminders for Equated Monthly Installment payments, so you don't get mauled by late payments. 2) CREDIT PORTFOLIO:- A plethora of unsecured personal loans is often viewed negatively. Diversification of credit is always a positive in the credit scoring company. All other customer Paramaters being equal, it has been observed that custome