Check your numbers

When the numbers simply do not add up. Getting into debt is easy. We can use a store card, take out a loan, use a credit card..... If you are not careful, those decisions will come back and haunt you. Credit cards and loans are good in the right context if the numbers make sense and you have the means and the discipline to pay your debts. If you do not, you are in for a world of hurt.

Ethics and Business Opportunities

At what point do you say enough is enough or I wish I had been a part of that. If there is a need, there is a product. More and more loan companies are setting up to offer loans over a short period of time so that people can survive between paydays. Some would say that's nice of them, but the cost could be a whopping 4000%. So you have to ask yourself, should this type of loan company be regulated, outlawed or ignored. You also have to ask how people have managed to get to this stage of needing these short term loans. Some borrowers may have to use these companies due to bad luck or through an emergency, whilst others have not learnt how to budget or grasp the concept how dangerous a store card or credit card actually are if balances are not paid off and credit limits are continually increased. For examples of calculations click here, but please ignore the loan advert. For more information about the current market place and what is happening, please read this article. it is very important to all.