Borrow at the best of the terms, display a laid back attitude on repayments for this shall affect one’s future credit worthiness. More the number of defaults on even trivial payments, higher will be the damage on your future transactions. Settle your dues to society, come clean for such funds for welfare programmes avoiding recourse to taxation. It inculcates ethical values in the citizens. Remember the village whose members were asked to donate wheat to a common cause and everyone brought sand expecting his neighbor to donate wheat. Moral is that credit report is a scanner by, for and of the society.
January 16, 2006
Integrity at what price!!
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