Thursday, 12 January 2017

Taking a loan? Here's why knowing your credit score helps

The next time you go to a lender to seek a loan, check your credit score beforehand. If you have a good credit score because of good financial habits or repayment and keeping your debt within limits, you might be able to get a better deal on the loan term, including a lower rate of interest. Lenders, including Bank of Baroda (BoB) which announced lower rates on home loans on Wednesday for borrowers with high credit score, are willing to offer loans at softer terms to those who have maintained good financial discipline.....for more click here

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