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borrowing investment money wisely


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borrowing investment money wisely

I knew that I had to do some things to improve my business, but I didn't have the money to invest at that time. I ran into the problem of needing to spend money to make money but I didn't have the money to help me make more. I started looking into different options for taking out business loans. I wanted to get out just enough money to cover the investment without having to pay too much in interest. I also had to think about the monthly payments - would I earn enough off of that investment to pay back the loan? This blog is all about borrowing investment money wisely.

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5 Factors That Affect Your Interest Rate

When you take out a loan, the lender charges interest in exchange for loaning you the funds. The rate varies based on several factors, some of which you can control and some of which are beyond your control. Before you take out your next loan, you should understand how the following elements affect your loan rate.  1. Credit score Your credit score is a numerical snapshot of your credit history. A high score indicates you've used credit wisely. Read More