Back

Anonymous

Anonymous 1

Hey I am on Medial • 2m

This sounds like a payday loan with extra steps. You're essentially creating a new debt to pay existing debt. What happens when customers can't pay you back? You'll either charge insane interest rates or go bankrupt. The fundamental problem - people not having money, remains unsolved.

1 Reply
2
Replies (1)

More like this

Recommendations from Medial

Image Description

Satyam Kumar

"Turning visions int... • 1m

From TVs to Tragedy: Who Killed Videocon? Once a household name, Videocon collapsed under: 🌀 Overexpansion into telecom & oil 💸 ₹90,000 Cr debt 🚫 2G scam fallout ⚖️ ICICI loan fraud scandal 📉 Zero innovation & demonetisation blow From ico

See More
1 Reply
3
Image Description
Image Description

Tarun Suthar

 • 

The Institute of Chartered Accountants of India • 1y

Have you read the book "Rich Dad, Poor Dad" written by "Robert Kiyosaki" . he is a genius. He admitted to having more than $1.2 billion in debt 🤯. you might have watched his yt Shorts claiming that. He views this debt as a strategic move and a par

See More
8 Replies
1
19

Vansh Khandelwal

Full Stack Web Devel... • 13d

In the blog titled "Bankruptcy: Understanding the Approaches," I explore essential strategies for businesses facing bankruptcy. The three primary approaches discussed are debt restructuring, deferment of payments, and emergency relief operations. D

See More
Reply
3

Raju SP

Hey I am on Medial • 7m

Hi, Hello Namaste 🙏🏻 I'm Raju from BANGALORE KARNATAKA INDIA 🇮🇳 We are looking for a Unsecured Project Loan or equity based Investmnet for a Startup Project . Comapany: PRIVATE LIMITED Company registration documents : Available Industry: Au

See More
Reply
5
Image Description
Image Description

Harsh Tiwari

Hey I am on Medial • 1y

I have a business plan which will definitely change the whole home loan, loan company sector in India for the people who are paying more interest on thier loans just because they have low income or low cibil score. While people earning more who don

See More
35 Replies
2
13
Image Description

Sajin

 • 

Foundation • 1y

Two major decisions yesterday: 1. Federal Reserve pauses interest rate hikes, it remains at 5.25% - 5.50% 2. FED Chair Jerome Powell said there will be no more cut in interest rates "until we have greater confidence inflation is going back to 2%"

See More
1 Reply
5
Image Description

Arcane

Hey, I'm on Medial • 1y

ONE INTERESTING OBSERVATION SERIES DAY #5 While consumers say they care about sustainability, they aren't always willing to shell out extra cash for eco-friendly products. Across eight countries, a significant portion of people are buying sustaina

See More
1 Reply
8

RV Dhameliya

Student • 1m

"From AI to ED Raids: This Week’s Top Headlines in Business, Tech" 1. AI in Consulting: Generative AI is transforming consulting by automating tasks and enhancing insights, but human expertise remains crucial for strategy and ethics. 2. Tata Brand

See More
Reply
3

Utkarsh

Every Trand Makes Ne... • 2m

How to Legally Save Tax in India🇮🇳 (FY 2025-26) Yar Mai bhi Mai koi expert nahi hu Mai ak currently 12th passed student hu to jo pata tha oh bata raha hu, baki apna brain use kar lena aur term aur condition government ke padh lena. 👇👇👇👇👇👇👇

See More
Reply
1
2

Download the medial app to read full posts, comements and news.