borrowing and settling
Date: Fri, 08/04/2006 - 10:27
I am considering getting some hard money financing to buy out a partner and I'd like to settle with some creditors with some of the funds as well
should I admit that I'm settling debts to the financer?
or would a financing source (even hard money) still look unkindly at someone settling debts?
should I admit that I'm settling debts to the financer?
or would a financing source (even hard money) still look unkindly at someone settling debts?
IkoIko Are you borrowing money from a financial company? They
IkoIko
Are you borrowing money from a financial company? They will be charging interests on the amount borrowed. Besides, interest is already charged on the previous credit. At the end, you end up paying interest on two different credits.
If friends or family members can mean some help to you, approach them first.
