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Atlanta man bought a business on credit cards and now has too much debt. Ramsey offers him his take
Yahoo Finance· 2026-09-23 18:50
Photo courtesy The Dave Ramsey Show For someone who wants to be their own boss, buying an existing business can seem like a good place to start. You have a ready-to-go operation, customers are already there and, ideally, there's money coming in. But when you put a big chunk of that purchase on a credit card, things can get complicated quickly if the business isn't bringing in enough to cover the debt. Must Read That's exactly the sticky situation Manny from Atlanta found himself in when he called i ...