Friday, March 27, 2015

During the process of indebtedness the expenses of the individual systematically exceed their income in the long run. In cases of loans: the partner using the production loan cannot increase their production profit sufficently enough to pay the interests of the loan so repaying the loan solely from production profit is not resolved.

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Tags: loan, indebtedness

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Monday, March 23, 2015

Loans are a resource transfer which the creditor provides to the borrower with a predetermined or open goal. A service which the borrower equalizes through interest over the duration of the loan according to the specified conditions provided in the contract

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