The typical business commercial payment time period is presently around two months, a statistic that has continuously elevated over the past few years. A company buying and selling on credit terms along with other companies, will with time accumulate a considerable asset on its balance sheet known as A / R, or Trade Debtors. Debtor […]
People ask for loans for emergency purposes. If someone has a bad credit record, it would be difficult for them to ask for loans from the bank as banks don’t allow it instantly. The bad credit or poor credit didn’t happen abruptly, possibly due to a sudden medical emergency or paying loans, which can lead […]
The word ‘debt’ can send shivers down everyone’s spine. When you are deep in debt, it is only natural to feel stressed out. It is not easy managing various loans like car repayment, student loan, utility bills, medical bills and credit card bills. Defaulting on just one monthly payment can send you into a spiral […]
