bonk loan i got ,borrow from friends happened, business is always loosing without logical reason .ineed help of any kind.
2006-10-09 01:43:44 · 4 answers · asked by everready 1 in Business & Finance ➔ Personal Finance
Get a grip on how much debt you actually have and develop a realistic way to pay it back. STOP borrowing anything from this point forward and develop a budget! Stick to it.... Debt is BAD NEWS! If you can't afford to pay cash for something, don't buy it. Never ever borrow money from friends and cut up your credit cards. After you get your debt paid off, commit to a short term emergency fund.....if you need more guidance, try Dave Ramsey. He is very reputable and has a plan for anyone to become debt free.
2006-10-09 01:48:11 · answer #1 · answered by favrd1 4 · 0⤊ 0⤋
You might benefit from meeting with a financial or credit counselor. They can help you evaluate your budget and manage the debt that you have.
They can frequently help you develop a strategy to get your debt under control. If you need long term assistance, they can help you establish a structured plan to lower your payments and interest.
Make sure the organization you visit has a satisfactory rating with the Better Business Bureau.
2006-10-09 09:55:46 · answer #2 · answered by Anonymous · 0⤊ 0⤋
If business is losing without logical reason....get out of there-quick.
It's hard to get out of debt by borrowing money. You've got to find some steady income and start paying them off.
2006-10-09 09:01:31 · answer #3 · answered by derek 4 · 0⤊ 0⤋
I can try and help with a few suggestions if you are open to a business opportunity that will get you out of that mess. Email is rpelley5@yahoo.com thanks
2006-10-09 09:34:07 · answer #4 · answered by Anonymous · 0⤊ 1⤋