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Personal loan
Common reasons for remaining a debtor
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[QUOTE="blessingc, post: 239077, member: 73446"] Debtors are individuals or businesses that owe money, whether to banks or other individuals. In every case, the debtor owes money and remains a debtor until they’ve paid the full amount back. They have responsibility for that specific debt. Being in debt is like living under a dark cloud, deciding to get out from under it can be life changing. Make a list of your debt chronologically, from the first to the last, the highest price to the little so, you can know where to start from. Don't just create your list and forget about it. Refer to your debt list periodically, and keep up little by little to pay for them. Coming up with a realistic battle plan can help you address necessities like housing, food, transportation, health care, insurance and education. It will also create room for you to pay down your debt, but if you are the lazy type who keep deceiving yourself with promises of I will when you still live a normal life without extracting alittle to settle your debt, you will remain the debtor that you are. If you can’t afford to pay anything more, at least make the minimum payment. Of course, the minimum payment doesn’t help you make real progress in paying off your debt. But, it keeps your account in good standing, which avoids late fees. [/QUOTE]
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Common reasons for remaining a debtor
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