CareCPA
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If the app launch isn't successful, are you going to default on the debt?Hi guys so I'm building app I'm developer myself but I had to spend a few thousand dollars on freelancers using my credit card I'm currently unemployed and living on the money from my last business venture and honestly I'm a bit worried about my spendings. I have the money to payout my credit card ,but they kinda give me some kind of security till the end of the project. So what you guys think should I pay my credit card debt with my own money or should I wait for the launch of the app see how it goes and then pay the credit card debt with the money I made from the app? Also I would like to hear what you guys think about using personal credit card for startup expenses. Thank you!
If so, you shouldn't have spent the money.
If not, then you're going to pay it back anyway, why does the timing matter?
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