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The time now is 05/15/10 - 14:35

Buying with Debt


RealCool.BIZ Forum Index -> Finance -> Debt

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heindrick
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Joined: 06 Mar 2005
Posts: 3



PostPosted: 06/01/09 - 05:46    Post subject: Reply with quote

My company has this debt for a long time. Though it is a long-term repayment debt, I was constantly worrying that I couldn’t start any other serious deal until I finish repaying it. Now, the opportunity came and I realize that I’ll regret if I miss it, these items I simply must buy, but I am afraid that the seller is not going to be willing to sell me anything when he sees that I’m under a debt. He would give me some time to pay for his products, which was his plan from the beginning. But, this way... I wonder?
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shawn
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Joined: 27 Mar 2007
Posts: 8



PostPosted: 07/01/09 - 01:09    Post subject: Reply with quote

You could try to hide that somehow, or simply not to mention your debt to the seller, I don’t think that he has the right to know that, just by default. On the other side, if he finds out that you are hiding debts, he’ll get more cautious and he is probably going to stop the sale. But, I wonder how smart is it for you to go into some risky deals with that debt waiting for you to repay it...
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