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Have you ever pondered why man was not an island? The reason is because there are times he can’t do some activities. That’s why he needs other to in order to survive. During this survival mode, they are thing he’ll need that requires asking. This is where the concept of debt come in. In this article, let’s explore more.
What is debt and how do you understand it |
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In the common sense, debt is a phenomenon whereby a person owes another individual material thing like money or other things. Let take a simple instance; Mr. A collected 50 steems from Mr. B in promise that he’ll pay back. In that case, I’ll say that Mr. A is indebted to Mr. B. it is important to note that the commonest item for burrowing purpose is Money.
Have you been indebted before how did you pay back? |
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The issue of debt is not new to mankind and also not new to me. I have been indebted to someone and an individual is indebted to me respectively. In this aspect, let’s focus on the situation that I was being indebted to. It wasn’t an easy trail but I paid off the debt regardless. The person who I owe barely gave me breathing as he flashed me more than a 100 times.
Have you ever regretted helping someone due to repayment approach from previous helpers? Share your experience |
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There are dire moment situation whereby a person asked one for help promising to repay. There are cases that I helped but they deviated from their promises. At that moment, I’ll regret doing that but I’ll keep my mind on a neutral. If a life was saved, probably I won’t do anything except waiting for the person to fulfill his or her promises.
What do you think is the best way to retrieve debt? |
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For me, I’ll say that peaceful talk is the best way to retrieve your debts. A talk which involves the remembrance of the agreement before the loan has been disbursed. In a situation whereby the defaulter still proves stubborn, then a third party mediator can be brought in to resolve the issue.
Do you think problematic debt should be forfeited for the sake of peace? |
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Have you ever wondered why people changed their attitude when it’s time for payment of debts? Some of them can be so aggressive that they’ll challenge their creditors. In that case, some people think that fire for fire is necessary for that act. But, the plain truth is that let it be. For the sake of peace, let it go
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Talking from experience, I seriously support your debt retrieving strategies. You must always have a backup plan before getting a loan otherwise you would just be so fucked and embarrassed as debt comes with this. Thanks a lot for sharing. I really appreciate. Looking forward to reading more of your posts.
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The thing is before you become a creditor, you need to have more than one plan of retrieving the money. The reason is that some people can be aggressive and funny even with your money. Thanks for your valuable comment.
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Hola apreciado amigo ciertamente en el andar de la vida podemos tener el papel de deudor y también de acreedor así como podemos de ver alguien nos puede ver a nosotros y es la lógica es parte de las finanzas del dinero. Pero tal como le dices lo mejor es dialogar cuando exista la deuda y llegar a buenos términos ya que de esta manera se mantiene no solo el pago sino la confianza que sea brindado para que se dé la deuda. Te deseo éxitos y bendiciones.
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