Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
Latest activity
Earn Money
Review Website/Apps
Passive Income
Money apps
Paid Survey
Stock
Forex
Real estate
Paid to write
Social Media Monetization
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Personal loan
Retirement
Debt help
Savings for Students
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Personal Finance Forums
Personal loan
Why You Should Avoid Unnecessary Loan
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="Jasz, post: 256134, member: 61772"] When you owe others money, your business is at risk for default. Defaulting on a loan or credit card can easily devastate your credit rating and make you ineligible for future loans or credit cards. In addition to the damage to your financial reputation, if you default on a loan or credit card, the creditor may take action against you. The creditor may cancel outstanding loans and accounts, or repossess property that is securing the loan. In some cases, creditors will also sue you for money owed that has yet to be paid off. If you're delinquent on payments, a creditor may sue you in small claims court to collect what it's owed. If the creditor wins its case against you in small claims court (where the amount of damages awarded doesn't exceed $5,000), it can expect to recover 25 percent of its losses — plus attorney fees. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Personal Finance Forums
Personal loan
Why You Should Avoid Unnecessary Loan
Top