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Personal loan
What Are The Disadvantages Of Taking Loans From A Businessman's Point Of View?
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[QUOTE="Sotherefore, post: 224901, member: 27033"] Well there are some situations that loan should be encouraged in a business but this is only when you have a way of paying back the loan even if the business you are starting with this loan is not successful . If you have a secured way of generating back the money to pay after the business collapses that you don't fall into trouble is just the best , and in a situation like this I can suggest you to get a loan after all you have a way of paying it back . But a situation that you don't really have an external source to pay back this loan might somehow be dangerous because you might be at risk of going to jail if the business fails just like you said. Personally I may not likely get a loan to start up anything because I do not just see the need for a loan now , but I will rather look for jobs opportunity to work hard and raise the required money I need to start up anything . When you are able to start up a business with the amount of money you raise , it will be quite easy and you can run the business with a relaxed mind . [/QUOTE]
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What Are The Disadvantages Of Taking Loans From A Businessman's Point Of View?
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