A debt management plan seems to be the best alternative to get out of debt, in which you offer a reduced payment to each lender and ask them to freeze interest. However, lenders are not bound to negotiate. Chances are they will comply with your offer if you reveal a true picture of your incapacity …
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Many people keep on worrying about their retirement and do not pay attention to their saving patterns. Saving with comfort can be easy but is not sustainable. You have to cut down on different things to save a good amount for your life. Saving should start as early as possible. People who are not able …
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Starting this dream business is a significant milestone for you. It is natural for you to be on cloud nine once you achieve it. However, don’t go overboard and get involved just in the production. Business finance should not take a backseat. It does not matter if your business is in the initial phase. Maintaining …
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Are you an entrepreneur in the making? Do you often struggle with small funds creating a base for your business? There are certain situations like – unemployment while working on a business idea, unplanned job exit, insufficient funds to execute the business organizational structure, etc. They often fear getting bankrupt while meeting the initial stage …
Continue reading “The Advantages of Loans for Entrepreneurs on Benefits”
Loans for people on benefits are a kind of unemployed loan. These loans are small loans mainly aimed at funding small emergencies. You are eligible for these loans if you are on unemployment benefits, child support benefits, housing benefits, and the like. However, it does not mean that you do not have to have a …
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Akin to a personal credit card, a business account lender issues a business credit card for operational purposes. It grants one credit limit basing the business credit score instead of a personal one. In this account, one pays interest as per the credit card usage. However, an owner must leverage the interest-free period to cut …
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