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However, a badly soiled credit rating means that you will be turned down when you want to borrow money and apply for the same. This is why credit scores play an important role in our financial lives and your personal loan broker for bad credit can use them to get you best interest rates on mortgages, car loans, etc.

If you have recently had the wind knocked out of you by a bad credit score, here are a few reasons that may be responsible for your dilemma:

Using One Credit Card for Everything

While this is a neat practice employed by many people to avoid credit card debt and keep a track of their spending, using one credit card can harm your credit score. Paying your balance fully and on time each month can drive up something called utilization. Utilization is the percentage of credit that is being used. If you have a credit limit amounting to $100 and statement balance of $20, your utilization will be placed at 20%.

Tip: In general, people are advised to keep their utilization below 20% to qualify for better loan prospects. You can reduce your utilization by making fairly frequent payments using your credit card, or by asking for an increase in your credit limit. Consult your personal loan broker for bad credit.

Paying Collection Items before All

Sometimes, people may run into financial problems and miss payments. The only responsible way to tackle this problem is to work hard and pay back the money that you have borrowed. However, when it comes to your credit score, maintain active account current is by far, more important than paying for collection items. Skipping a few credit card payments to be able to pay back a collection agency is probably one the worst mistakes you can make for your credit scores.

Tip: Once the registration for a collection item appears on your credit report, the damage is already done. It will not impact your credit score, whether you pay for it or not. Therefore, your first priority must be to maintain active accounts current. Collection items can be dealt with after the obligations of your creditors are met.

Strange Things Appearing On Your Credit Report

This happens more than most people care to admit. Strange things may regularly appear on your credit report. The only way to keep track of these is to check your credit report, which can be done for free, at least once a year. There are three credit reports formulated for each year and you can get hold of all three from the annual credit report website.

Tip: The very reason to keep a track of your annual credit report is to make sure that any error can be located and appropriately disputed by you. You can take action against any incorrect information and any difficulty in doing so can be taken up with the Financial Protection forum.

In conclusion, there is no single factor why people get bad ratings but there are many ways in which they can be improved.

The delisting can also be compulsory in case the company fails to comply with listing obligations of the stock exchange. It could be in many ways such as non-payment of listing fee, investor complaints, or unfair trading practices.

The services of a merchant bank are of much use when a company decides to voluntarily delist its securities. The delisting is done under the guidelines issued by SEBI according to which the first step would be to obtain board approval and then that of the shareholders in shape of a special resolution. A general meeting is conveyed in which the proposal of delisting is presented to obtain consent of the shareholders. A certified copy of this resolution and details of the shareholders is submitted to the said stock exchange from where the company is delisting.

The company has to file required forms with the concerned registrar within thirty days from the date on which the resolution was passed. To provide an exit opportunity to investors of the region offer price of the securities is calculated the floor price is average trading price of preceding twenty-six weeks. The promoter appoints merchant bank for deciding the offer price based on reverse book building process. The promoter has to make a public announcement of the delisting providing inter-alia information including floor price, methodology followed for calculation of offer price, opening and closing date of the offer, and stock market data. Merchant banker companies in India is involved in appointment of trading members, determination of offer price, and settlement process. To protect interests of the investors SEBI has passed delisting guidelines which make it necessary to send offer letter to every shareholder. There is no need of providing an exit route and offer letter, in case the company is listed on a national exchange as the investors can themselves exit by selling their shares as and when they want to give away their ownership.

Corporate Capital Ventures is SEBI registered Merchant Bank working closely with nationwide and regional stock exchanges. It provides consultation services for listing and delisting of shares. CCV has emerged as a leading brand with most professional services provided by a team of market experts.

Conclusion: Merchant Banks provide many financial services to corporates and their assistance is valuable in case of voluntary delisting.

With the emergence of nationwide trading terminals, regional exchanges have lost their relevance also SEBI has de-recognized majority of them. Most companies listed on a regional exchange seek delisting to avoid regulatory obligations and do away with the listing fee. The delisting can also be compulsory in case the company fails to comply with listing obligations of the stock exchange. It could be in many ways such as non-payment of listing fee, investor complaints, or unfair trading practices.

The services of a merchant bank are of much use when a company decides to voluntarily delist its securities. The company delisting in stock exchange is done under the guidelines issued by SEBI according to which the first step would be to obtain board approval and then that of the shareholders in the shape of a special resolution. A general meeting is conveyed in which the proposal of delisting is presented to obtain the consent of the shareholders. A certified copy of this resolution and details of the shareholders is submitted to the said stock exchange from where the company is delisting.

The company has to file required forms with the concerned registrar within thirty days from the date on which the resolution was passed. To provide an exit opportunity to investors of the region offer price of the securities is calculated the floor price is the average trading price of preceding twenty-six weeks. The promoter appoints merchant bank for deciding the offer price based on reverse book building process. The promoter has to make a public announcement of the delisting providing inter-alia information including floor price, the methodology followed for calculation of offer price, opening and closing date of the offer, and stock market data. The merchant bank is involved in the appointment of trading members, determination of offer price, and settlement process. To protect interests of the investors SEBI has passed delisting guidelines which make it necessary to send an offer letter to every shareholder. There is no need of providing an exit route and offer letter, in case the company is listed on a national exchange as the investors can themselves exit by selling their shares as and when they want to give away their ownership.

Corporate Capital Ventures is SEBI registered Merchant Bank, working closely with nationwide and regional stock exchanges. It provides consultation services for listing and delisting of shares. CCV has emerged as a leading brand with most professional services provided by a team of market experts.