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wavemodetoday at 3:11 PM2 repliesview on HN

There are ways to go into debt without dealing with banks. Any time you use something and are charged afterwards, it's a debt (which you could fail to pay by being broke by the time the invoice arrives). Common example - rent/lease. Or gas/electricity.


Replies

nradovtoday at 4:12 PM

Those vendors can always require payment in advance, or a guarantor.

plagiaristtoday at 3:20 PM

For a new business with $0 the individual running it will be the guarantor on those.