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Main Reason Why People end up in debt
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[QUOTE="Sotherefore, post: 214973, member: 27033"] Lolz, I know some people who are having so much loans to repay back on their neck are always guilty of this and sometimes they may not really make a proper analysation of the business they are establishing before getting a loan to do so , which could possibly expose them to so many risk because without proper planning and preparation in businesses there may be lack of understanding and sometimes also the required knowledge to start up and maintain this business may not be there which could possibly leads to business failure. A lot of people are going for what they cannot handle just because they are interesting to Have a financial freedom but in most cases it may not likely work as expected but a person should consider so many things before getting a loan to start up a business and you did not really get a loan to run every of your business affair. A person should have at least 65% of the business capital then getting 35% loan to add up and establish a business may not really be a bad idea as long as you understand you will be able to pay back the money you have collected. [/QUOTE]
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Main Reason Why People end up in debt
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