Financial Solutions Companies | Capital Hills

Your bank or lender approves your loan based on your credit history and credit score. If you have a low credit history/score, then your bank/lender has the right to reject your loan application right away. Good credit is a sign that you have stayed current in your payments, which builds up trust in front of your lenders’ eyes.  Skipping on a loan payment can negatively affect your credit history, eventually affecting your credit score. However, you can extend your loan payment date under certain circumstances, which we will take later. First, try your best to make your loan payment on time. Skipping an on-time payment is an indication to your lenders that you are not serious about paying off your debts, or it shows your financial incapability. Your credit score is entirely dependent on your loan repayment history.   How severe is missing a payment? A recent late payment will affect your credit score more than an older one. A missed payment can stay up your credit r...

Business advisory services refer to advisors and experts who help business entities take major financial decisions and offer sound guidance in every step. It allows private individuals to seek guidance with investment expertise in one or more investment areas. The process covers the management and planning of investment portfolios for a fee. Depending upon individual requirements, business or managerial advisory services tailor-made a plan that is deemed best. Key roles in business advisory services include: Reports for financial institutions A financial report contains everything about a business and commercial entities, such as their products, lenders, investors, margin, profits, loss, etc. Preparing a report is essential for planning future business strategies and even approaching an investor. Unless you are a certified financial expert, it's better to leave it at the hands of an experienced financial advisor. A business advisory service can help you with: Preparing...

There could be situations when you might need reliable managerial advisory services to keep your finance up and running in a healthy condition. Here are some cases in which you could use some help from an expert financial advisor for sure. Debt management Of the most common reasons for people to hire a financial advisor is for debt management. A financial advisor clearly understands the financial situation of a person and evaluates the options a person could use to their rescue. For instance, a person might think that loan rescheduling is the best option at their disposal, but a financial advisor will be able to highlight the pros and cons of the option before suggesting a better alternative. While consumers can find a lot of debt management companies on the market, it's always advisable to opt for a financial advisor who has handled the kind of situation you're in before. For instance, a financial advisor with most of his experience in retirement cases might not be the be...

Most entrepreneurs find it hard to manage their debts in the early stage of their company. However, it is important to learn the art to stay strong in the long run. In this regard, here are some essential knowledge supplements on debt/loan rescheduling that every entrepreneur must know at the least.   The concept of Debt Rescheduling While debt rescheduling can be a really useful option for many debtors, many people lack clarity about the basic concept of debt rescheduling. Debt rescheduling is the process using which the debtors try to increase the duration of the debt so they can pay it later. Most of the customers opting for debt rescheduling of loan rescheduling are people who have taken education loans, consumer credits, personal loans, and even mortgage loans. The option of debt rescheduling allows the consumers to increase the length of repayment, which eventually decreases the payment amount or the EMIs. Some consumers may also opt to freeze the payment for some time w...