Improvement of Credit Rating

Credit ratings are an important tool for borrowers to gain access to loans and debt. Good credit ratings allow borrowers to easily borrow money from financial institutions. Credit rating determines the likelihood that the borrower will pay back a loan without defaulting. A high credit rating indicates a high possibility of paying back the loan in its entirety without any issues; a poor credit rating suggests that the borrower has had trouble paying back loans in the past and might follow the same pattern in the future.

Credit ratings for borrowers are based on substantial due diligence conducted by the rating agencies. While a borrower will strive to have the highest possible credit rating since it has a major impact on interest rates charged by lenders. A credit rating not only determines whether or not a borrower will be approved for a loan but also the interest rate at which the loan will need to be repaid.

It is important for a borrower to remain diligent in maintaining a high credit rating. Credit ratings are never static, in fact, they change all the time based on the data every financial year.

We at Fin Partnerz helps the customers to improve their credit ratings (Both Long Term & Short Term). We are constantly engaged with the customer and advice how to improve various parameters of balance sheet / Bank statements so that ratings can be improved.