Tips sa pangungutang

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What sucks in Bank loans?

They suck out the money even before you start making money.

Here are some tips if you plan to file a Bank loan.

  1. Make sure you know your numbers.
  2. Know where to put the money before borrowing.
  3. It’s about cash flow. Try to minimize how much cash you are using to pay ALL your loans to just 20% of your cash flow.
  4. Don’t go for anything that’s higher for 20% per year of interest.
  5. Don’t go beyond 2 years.

More tips has been laid down on this video.