Tag: credit score

Introduction A three-digit score that the lenders use to evaluate the risk of giving you a loan is called a credit score. The lenders, which include card companies, auto dealers, and mortgage bankers, will go through your credit history to make sure you are a trustworthy borrower. This affects the amount and interest rate of…

Introduction  Often ignored, credit is a concept that may not sound important to a lot of businessmen but plays a vital role in the financial system of the company, especially for small companies. It can be the lifeline of small and medium-sized enterprises. Cash flow is of the utmost importance to many businesses, so to…