Credit Card or Credit Corporation

[AmorsoloX]

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kung mangutang mo.. gamita ang kwarta nga inu giutang nga pang kapital sa negosyo..

so mura kag nag negosyo nga wala nag gamit imo kwarta.. then use part of the profit to slowly pay your debt..

[cirext]

sa duha wala ko..
If wala jud kwarta, patabang sa pamilya o suod na kaila.

Sa credit company...NO WAY! Natagam nako ani. Pwerteng tagama. Nakabayad ko ug dli nako utang..lawgawa jud ato oi.. Asa na kaha to nahimutang tong nanghulam jud..wala naman nagpakita..TNT man.

On credit card, points-points are useless..kamo ray giilad ana.
And yes its actually spending money which u dont have..Cash advance with big interest.
Liman ka anang 3.5% per month. Thats 42% interest per annum. This is suicide!

[cirext]

kung mangutang mo.. gamita ang kwarta nga inu giutang nga pang kapital sa negosyo..

so mura kag nag negosyo nga wala nag gamit imo kwarta.. then use part of the profit to slowly pay your debt..

This is a good point bro.
Unfortunately, this is a very rare attitude.
Halos tanang mo-loan NEVER PLANNED TO INVEST in business.
It's usually for personal consumption nga mahurot rapud dayon.
So in effect, malubong jud sa utang.

[lorenzoleo]

Guys please watch this video about the Credit Crises in the US. This is very informative

YouTube - The Crisis of Credit Visualized - Part 1 <- Part 1
YouTube - The Crisis of Credit Visualized - Part 2 <- Part 2

This is how sub prime financing causes the Financial Crises of US

[jojo_mouth]

okey ra na mangutang through credit cards, as long as with in yoiur budget during payday labi kung basic needs ang gidapatan..

as for big businesses, ang loan is just an ordinary issue as long as it is self liquidating ang slowly paying off before the maturity dates. even business tycons have hundred million loans but they just make sure it is paying off.

[pogy_uy]

Guys please watch this video about the Credit Crises in the US. This is very informative

YouTube - The Crisis of Credit Visualized - Part 1 <- Part 1
YouTube - The Crisis of Credit Visualized - Part 2 <- Part 2

This is how sub prime financing causes the Financial Crises of US

OT: Nicely done by the creator

[lorenzoleo]

OT: Nicely done by the creator

Hehehe! That is the cause of the Financial Crises in the US. Grabe laliman ka anang pautangon ka na walay colateral. Wahahaha! So sa Philippines, mas stable atong financial system. Dili baya bast2x mag pa utang ang banko kung walay colateral. Hehehe! Laliman ka didto sa US na murag libre lang ang utang. WAAH! US learned alot from our banking system. katong banko na ni sira diri sa Philippines dili to kay tungud sa financial crises, ni involved lang jud to na bank ug scam. Mao ng dili ko mutoo anang financial crises dri sa atong nasod na maoy maka sira ug banko.

[loutsu]

bitaw, lisud sad nang utang, mas maau pa mag debit card hehhe