Debt Settlement: Loan despite overdraft

Many financial institutions reject a loan in principle despite overdraft, as a going beyond the disposition credit negative balance on the current account as a characteristic of unreliable economics applies. However, even with an overdrawn bank account, there are ways to successfully apply for a loan. In the search for the appropriate loan, the differentiation between an … “Debt Settlement: Loan despite overdraft”

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Debt consolidation in business administration easily explained + example

The consolidation of debts represents an offsetting of receivables and liabilities in the consolidated financial statements. Offsetting takes place when companies from the scope of consolidation have exchanged deliveries and services among themselves. Since all the companies involved are presented as a single entity in the consolidated financial statements, a “self-supply” must not be presented … “Debt consolidation in business administration easily explained + example”

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