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Breaching triggers typically forces a company to divert cash flow from assets to paying off bonds instead of making new loans, which often means it has to find new, more expensive funding or to scale down its business.
In some cases we may authorize an overdraft on your checking account even though you have non-sufficient funds.
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Whenever people are thinking about acquiring a loan, the first thing that will come to their mind is the “bank”.
Even Christmas expenses, mostly smaller emergencies," she says.
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