acruals of this debt was not a cash loan but getting machineries on credit and inability to pay back due to some functional obsolescense and effect of development of new technology which make those machines outdated couple with change of taste in consumption of the products.
123099
You could try to borry to cover the machine payments, but it would end up digging you a deeper hole.  Then you would have a  new loan for the same amount or more and have machines that arn't going to make your business profitable.  So then would you take out another credit arrangement to buy new machines on top of that?  Never buy equiptment or any other item on credit that will be unusable before the term of the credit has expired.  Sell the machines and get the most you can for them and see where you go for there.
77288
You need to check the INTEREST RATE being offered.A lot of companies target customers who have a bad credit history offering them a guaranreed acceptance with no credit check with stinging interest covering their backs.An average interest rate is around 14% the higher extortionate rates of up to 35%
62840
heres the game\nhttp://www.philipdru.com/griffin_stream.html\n'this leads to that' syndrome, ya gotta understand where the debt comes from & how its blended into the treasury (you).
381944
+ It seems they do not, nor do they take into effect that more than 1/3 of the worlds resources in metals are now going to China. (see selected metal prices) The credit and charge it now market is where you can see the problem the greatest, and what if they (renege) on their loans?
439868
Simple: Most people can't afford to anymore. Also, it doesn't help that most people are stupid and waste all their money on stupid stuff and then spend the rest of their lives trying to get out of debt.
469687
ask someone to cosign for you OR  try buying a Ford, they have super liberal loan terms.  they need the business so bad right now that they are lending people with credit scores less than 500 (albeit higher interest costs)....good luck
557622
A. Cash flow to the creditors = Interest payment + Loan repayment\n\nIn this proble, we get Interest Payment is 15,000 and Loan Payment is 6,500 (Redeemment of 6,500)\n\nSo cash flow to creditors = 15,000+6,500 = 21,500\n \nB. Net Fixed asset is increased by 5,000 means that this much of money has gone out from working capital. In the meantime the company made money in this way \n\nSales - all expenses - tax - depreciation - interest payment - dividend \n\nor 145000-86000-4900-12840-7000-15000-8700=10,560\n Later they have paid 6500 to crediotrs and got 6450 by reissuing shares. So net income becomes 10,510.\n\nThis money is used to buy fixed asset of 5,000 so net addition of working capital would be\n\n10,510 - 5,000 = 5,510\n\nI hope I have explained you in a easy way to make you understand
74476
Whole Sale Distributor Company and Retail Stores or any business that involves buying and selling are potentially subject to bad debts.
399738
NO, because they start making a profit in usually  3 years after that its all profit and it usually take 7 to ten years to get into real financial debt .Just stay away from credit cards they will bring you and this country down.
413761
A lot of them live off borrowed money, some get government help.  They can get a loan a lot of times if they are a big company with a 'good name.'  They try to stay in business to get bought out so they don't have to pay the debt off or go bankrupt.
202604
There are a lot of companies out there that do "consolidation" loans that I believe you are thinking about.\n\nThis type of loan often gives you enough to pay off all your smaller debts and can give you some extra money on top.\n\nNormally though they require collateral (IE a house) but a lot of the companies do take people with less than perfect credit history.\n\nStick on your TV and you'll soon find an advert for a company of this type.
588537
bad mcredit is not paying your bills and not paying them on time,its not the health care that gives you bad credit its the individual thats not paying for what he recieved from the hosp. or anything for that matter , its like stealing , and not having any credit is almost as bad, your not giving yourself any commitment in life and your walking away from respondsibilities,go to a bank and start a personal loan of 200, dollars pay it back beforethe due date and you have established some credit, it's so easy, and never go back on your word, to any person.
300366
There you said it. Eveyone just evolves around money in this corrupt world, what a shame.
647602
A claim that may be owed by the debtor under certain circumstances, for example, where the debtor is a cosigner on another person's loan and that person fails to pay.
446730
it's called student loans.
565615
There is no way  around the bad credit.   Sounds like you will have to establish  the credit again.   Good luck though.
403525
i think that the money that people owe to them are like stock/current asset than can be qiuckly turn into a cash. plus the more people get visa or mastercard the more people pay them interest rates and fees. which is the sales revenue, the more sales revenue, the better cause it covers their fixed costs.\ni  dont know if that helps at all, but i tried.