Late Payers say it is accepted practice …… Late payers have over the years paid bills when it has suited them. Without being challenged, many of us are guilty of this and it has grown into accepted practice. In the current economic downturn, it is common for big companies to delay payments to smaller suppliers … Read more
Nobody wants to fall in any kind of debts but if one falls in such situation he/she wants to be credit card debt free as soon as possible. In order to get rid of all your debts you must find the way to grow your income. You can also go for the debt management program … Read more
Living a debt free life is a dream for most people. Who of us working individuals doesn’t wish that he or she doesn’t have any loans to pay off? I’m positively sure that it’s 100% of us. The thing that we should understand is that we have probably made our life a bit more difficult … Read more
Many Westerners believe that living debt free is an unrealistic and unreachable goal these days. They live above their means and abuse credit like there is no tomorrow. Some think that it is OK since “everyone else is doing it”. Others underestimate the interest rates and don’t realize how much more they will owe in … Read more
Companies not paying on time ……………… do so for two main reasons. a) they have severe cash flow problems and b) they use their customers as an interest free loan. Trade credit is almost always interest free, in the current climate customers are using their suppliers as loan providers. Any extra delay means money in … Read more