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
It’s much easier to stay free of debt than it is to get out of debt. With that said, realize that capitalism is counting on your lack of self control to trap you in debt. You’re bombarded with images of the biggest, best and shiniest of everything from cars to hamburgers. These are the enticements … Read more
With the continued change in lifestyles of people, regular paycheck seems not enough to help them survive. That is why the demand for loans and credit card has become so overwhelming. However, this scenario brings about a lot of dilemmas since a lot of people encounter problems paying off their debts. But through these tips … Read more