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+--- Thread: Do you have any debts at the moment? (/showthread.php?tid=125)
Do you have any debts at the moment? - Shortie - 01-27-2023
At the moment, do you have any outstanding debts that you still need to pay off? Is it just the one or is there more than one debt that you are still paying off?
At the moment I have a few debts that I am paying off but I am slowly seeing light at the end of the tunnel now though and hoping to have them all paid off soon.
How close are you to paying off the debts you currently have?
RE: Do you have any debts at the moment? - Ravenfreak - 04-28-2023
I personally only have a few medical bills that I need to pay, which in total only equals out to be around $170. My spouse on the other hand just got a CT scan done on their stomach, and this procedure is going to cost us over $700 even with surgery so we'll be paying that off slowly.
RE: Do you have any debts at the moment? - Shortie - 04-30-2023
(04-28-2023, 01:52 AM)Ravenfreak Wrote: I personally only have a few medical bills that I need to pay, which in total only equals out to be around $170. My spouse on the other hand just got a CT scan done on their stomach, and this procedure is going to cost us over $700 even with surgery so we'll be paying that off slowly.
It's awful that some countries still make patients charge for something such as healthcare. I am lucky in the UK with having the NHS as there have been many times I have had to have surgery or been hospitalized for something and if I had needed to pay for my medical bills I probably would not be here today.
It's good that you are able to pay them off though.
RE: Do you have any debts at the moment? - Heatman - 06-14-2023
At the moment, I don't have any debt to pay. I try as much as possible to stay above any kind of debts except for my responsibilities I pay the bills every month. I don't consider it as a debt but something I have to do. I have paid of the loan I took some years ago and I haven't taken any loan in over 15 years now.
RE: Do you have any debts at the moment? - Maria - 06-15-2023
I don't have a personal loan and in my opinion, you need to avoid personal loan. I have my reasons.
If you get a business loan, you will get return on your investment, and you can use your business profits to pay back your loan. There is no guarantee that your business will make profits, but the idea behind business loan is to acquire funds to invest in something that will earn you profits.
If you get a house loan and buy a house with a loan. you will save money on rents, you can use the money that you were previously paying as rent to payback your loan; you can even rent out your property and earn rental income. You can use your rental income to payback your loan.
However, if you buy a smart TV through your personal loan, how are you going to payback your loan because your Smart TV is not generating income. Instead of getting a loan to buy smart TV why not save money for few months so that you can buy smart TV.
There is something you need to understand about loan. When you are paying loan, you not only have to pay principle but also interest