Back

Anonymous

Anonymous 1

Hey I am on Medial • 23d

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 replies2 likes
Replies (1)

More like this

Recommendations from Medial

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 replies19 likes
1

Raju SP

Hey I am on Medial • 6m

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
0 replies5 likes
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 replies13 likes
2
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 replies5 likes
Image Description

Arcane

Hey, I'm on Medial • 12m

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 replies8 likes

Utkarsh

Every Trand Makes Ne... • 1m

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
0 replies2 likes
1
Image Description

Pulakit Bararia

Building Snippetz la... • 3m

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

See More
2 replies15 likes
4
Image Description
Image Description

Inactive

AprameyaAI • 11m

India's Youth in a Debt Spiral Soon ? Easy Monthly Installments (EMI): The siren song of modern consumerism. But is it luring India's youth into a financial JHATKA ? 🔌 The EMI Trap Explained: → Attractive low monthly payments → Long repayment per

See More
6 replies12 likes

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