Credit is a way to get money from someone you already know has the resources and ability to pay you. It’s also a way to get access to someone who has that money.
Credit is not going to make you rich in any way. If you’re a high-income person who can only afford to spend a small amount of money on a large number of things, then you’re going to have to get rich in other ways, usually in the form of loans. We are not advocating that you get rich to borrow money from someone else, nor do we condone any form of borrowing. That’s a different story.
Loans are a lot like an IOU, an actual thing that you can give someone to get money from them. We all need the illusion of freedom to get ourselves unstuck and get us to spend money that is supposed to be ours. Thats a lot like using credit to make money.
One of the ways to borrow money is to make a loan. If you lend money to someone, that is what they give you back. If your friend lends you money, he gives back exactly the money you lent him. You give him back exactly the money you lent him. The problem with borrowing money, or putting someone else’s money into someone else’s bank account, is that this is essentially a give-and-take relationship.
So if you make a loan to someone and they can’t repay, then you have to make them pay your loan back. And the problem is you can’t make them pay back the loan because the amount you lent them is non-refundable. If you lend someone your money, then they have to give it back.
There’s another problem though. If you lend someone money, then they will have to take it from you in the future. And that means you’ll lose the interest. So you cant earn any interest by doing something you already do anyway. And then you have to decide if you really need your money or if you just want to get your money back.
If you’re going to lend someone money, you can’t just give it to them like it’s a gift. Because they have to take it back, and you cant give them the money. So you’re still going to have to ask for it back. But that doesn’t mean you’re going to have to give it to them.
There are a few ways you can leverage your credit. One is to simply lend money. If you want to get out of a loan, you have to ask for it back, and the lender can take the time to get it back for you. For the most part, this is the easiest way if you dont have a lot of money to lend. If you have a lot of money to lend, you should get a loan broker.
You should be able to find a credit merchant that has the credit cards you need and that offers a good deal for you. You can also shop at a credit card issuer, even if you dont have a lot of money to spend.
The best way to get out of a loan is to put it on your credit card, and if you pay back the loan, you can get it back for you, but it will probably be late. Paying back the loan is like getting out of a store, and you’re probably not getting a good deal for your money.