No matter how you got there, it is not a good idea to start a business with bad credit. Said person is better of with a stable income as an employee of an established company rather than risking an even worse situtation by trying to start a business.
I'll ask this again, since the Johns seem to want to ignore my questions and continue to debate nonsensical points. What is this point of this thread, and how does it relate to ColdFusion Enterprise? -Adam On 11/7/05, John C. Bland II <[EMAIL PROTECTED]> wrote: > "If someone can not manage their personal finances, then they should > not start a business. Understandably, your only argument to this point > is to take the response out of context. In no way does poor credit > mean a person is trash." > > Now, if someone has bad credit and still doesn't know how to manage their > finances (hasn't learned from their mistake(s)), then they shouldn't start > one. But, as John somewhat said, if there is a good reason OR they have the > knowledge to run their finances properly I think its fine. > > Good reason = > - terribly unforeseen medical bills (something way out of the range to pay > back with current finances, even payment plan is too much) > - death of bread winner in house (leaving you with all of the bills and no > $$ to pay; unless insurance kicks in) > - etc. > > Those types of things are good reasons to me. > > Bad reason = > - blowing $$ on dumb stuff > - not paying creditors > - poor money management (kinda sums up 1 and 2) > - etc. > ---------------------------------------------------------- You are subscribed to cfcdev. To unsubscribe, send an email to [email protected] with the words 'unsubscribe cfcdev' as the subject of the email. CFCDev is run by CFCZone (www.cfczone.org) and supported by CFXHosting (www.cfxhosting.com). An archive of the CFCDev list is available at www.mail-archive.com/[email protected]
