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Old 01-25-2008, 08:09 PM
Utsahan Utsahan is offline
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Default Should we go into credit card debt to start up a business?

We have some experience in business, buying and selling tings for profit. We got an idea which we really think is cool, something people are gonna like.

Basically we would like to go into debt $400 over what we are already in debt to get this started. Right now we do not have any income but we will start to get a little income in a few weeks.


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Old 01-25-2008, 08:09 PM
googie googie is offline
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You have what we call " Moxie", the ability to go ahead on a shoe string, no income, already in debt but betting an additional $ 400. that an idea will work. One of your answerers said you might earn a lot more per week by working a regular job where you have no risk and would have income to live and pay off some of your old debt. That is a sounder approach.
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Old 03-24-2008, 06:58 PM
fred333 fred333 is offline
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Default Re: Should we go into credit card debt to start up a business?

I do not htink Moxie is the word that comes to my mind.
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