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The time now is 10/27/08 - 15:25

Have you ever borrowed money when you had bad debt?


RealCool.BIZ Forum Index -> Finance -> Debt

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lyn
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Joined: 21 Dec 2004
Posts: 6



PostPosted: 09/14/08 - 07:32    Post subject: Reply with quote

In this situation I have no choice but to ask other people for advice, no matter how irrelevant it is going to be for my final solution. Have you ever borrowed money when you had bad debt? Is it a smart thing to do? Do you have experiences with bad debts and how can you find a solution?
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chadwick
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Joined: 16 Jul 2008
Posts: 2



PostPosted: 10/23/08 - 01:21    Post subject: Reply with quote

Bad debts are not a thing to play with and I had no experiences, but I know people who had really close experience with them. In general, there are no many things that you can do. On the other side, from what I’ve heard, borrowing money while you are in debts already is also not the solution, but if you use it as a strategy than it might just bring you some benefit… But it is also pretty insignificant overall.
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