The Business Finance Store discusses how small business owner business credit and debt might be affecting their personal credit.
Santa Ana, CA (PRWEB) May 25, 2012
A federal judge ruled that auto dealers who use consumer’s bad credit histories to charge higher interest rates must inform these clients of the negative information on their credit report, the Associated Press reported in an article titled "Judge: Auto dealers must reveal bad credit history even when they use third-party financier" published on May 24, 2012. This ruling further demonstrates the importance of understanding one’s credit history. This is true, not only for consumers but business owners as well. Many do not realize but their business and personal credit are more connected than they expect. In the recent blog post “How Business Debt Can Affect Your Personal Credit Score,” The Business Finance Store discusses how small business owner business credit and debt might be affecting their personal credit.Many who take on debt to fund their business do not realize that their business debt could affect their personal credit and potentially their interest rates on things such their personal car loan. While there may be little one can do about this dilemma, understanding exactly what can affect a personal credit report is the first step toward avoiding larger issues. Read more about how business credit can affect personal credit at The Business Finance Store Blog.
The Business Finance Store is a business financing and consulting firm that offers customized Business Financial Solutions. Seasoned professionals offer assistance in a variety of financial solutions to help small businesses succeed such as: Business Financial Solutions, Legal Solutions, and Accounting Solutions.
The staff at The Business Finance Store understands that starting and growing a business is an exciting time. They keep it exciting by taking care of some of the most difficult aspects, by providing legal advice, helping with vital responsibilities like accounting & bookkeeping, and by obtaining business finance. They can quickly and easily guide entrepreneurs through many different complicated processes and put them on the path to success.
For 10 years The Business Finance Store has been helping startups and other small businesses legally structure their companies, find the right franchises, get the funding they need, and achieve the American Dream of owning their own successful business. Since expanding nationwide in 2007, they have helped thousands of companies and have funded over $60 Million in business credit lines, not including SBA loans. The Business Finance Store sees limitless potential in the current climate, and looks forward to many strong years of growth to come. Take some time to review their services, and give them a call.
For more information, or a free, no-obligation analysis of your business needs, visit The Business Finance Store website: http://www.businessfinancestore.com. A member of their professional staff will contact you to discuss your business' short and long-term goals. Whatever you need, The Business Finance Store is there.
Kelly Rye
The Business Finance Store
(949) 777-5959
Email Information
CCI approves L&T Finance takeover of Fidelity MF business - Economic Times
"...the Commission is of the opinion that the proposed combination is not likely to have an appreciable adverse effect on competition in India and therefore, the Commission hereby approves the proposed combination," the competition watchdog said in an order approving the acquisition.
In March, L&T Finance had announced that it will take over the mutual fund business of Fidelity of its India operations. But, it did not disclose the financial details.
L&T Finance is a part of engineering conglomerate L&T Group and Fidelity Mutual Fund is part of the US-based Fidelity Worldwide Investment.
The total size of the market for asset management services in the country was about Rs 6,64,791 crore, in terms of average assets under management, during January-March, as per the data from Association of Mutual Funds in India (AMFI).
"There is ample choice available to the customers in the selection of mutual funds. Further, the customers can switch from one mutual fund to another without any significant cost...mutual funds business in India is fragmented with existence of many players and significant entry barrier," CCI said.
Fidelity AMC, incorporated in 2004, manages the 15th largest mutual fund in India with a market share of 1.3 per cent and an average asset under management (AUM) for the quarter ended December 2011 of Rs 8,688.06 crore.
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