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Bank Credit

The Art of Money Management, do we need credit?

Posted by Illia on 2021-12-07 12:03:59

Why do I need credit? Is it good or bad and in what cases? How did I take out a loan and what was my experience?

Posted by Illia on 2021-12-07 12:23:45

The main rule: go to the bank first, do not hide, do not wait for the debt to disappear or you will be forgotten about.

Even if collectors do not call you or write to you from the bank, it does not mean that you are forgotten and your debt is forgiven. Interest accrues, the debt grows, and your credit history deteriorates.

Moreover, many banks loans4usa.com stipulate in the agreement that the borrower is obliged to inform the bank immediately if his financial situation worsened so much that he would not be able to repay the credit on time. That is, if you do not pay and keep quiet, you are breaking even more rules.

Posted by Vova12 on 2021-12-12 17:16:26

I wanted to start doing NFT Considering that the relevance of this topic is increasing by the minute I decided to try to create my own characters to trade them on ETH in the future But I faced the problem that each publication costs about $100 I decided to take out a small loan from a company in California. and now I've got seven of my characters on Open Sea I paid off the debt and now I don't care about anything.

Posted by FE123 on 2022-06-09 10:54:59

true