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Thread: Business credit card debt

  1. #11
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    Join Date
    Jun 2015
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    Millbrae, CA
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    A lot of people take out loans to pay back credit cards, since the interest rates on loans are lower than those on the cards. These are called credit card consolidation loans. You can get them at great rates if your credit is good from online lenders such as Lending Club.

    You definitely need to improve the way your business is run, so that it generates profits instead of losses. But you could mitigate the current situation in the meantime by transferring this debt into loans. [link removed]
    Last edited by Harold Mansfield; 06-03-2015 at 02:00 PM. Reason: Self promotion
    Brandi M. Gallegos
    www.moneysedge.com

  2. #12

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    I think your business need a credit insurance, every small or large business owner seriously consider this. its beneficial to get rid of bad debts and financial losses.

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