Hey I am on Medial • 1m
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.
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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 MoreHey 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 MoreBuilding Snippetz la... • 4m
We think of banks as places that store our money and keep it safe. But that’s not really what’s going on. When a bank gives out a loan, they don’t get poorer. They simply type new money into your bank account. It’s brand-new money that never exis
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