Comments on Advance Indiana™: Citizens Will Borrow Money To Purchase City Utilities

Are you thinking about starting a business but ha...

2010-04-11T07:27:08.378-05:00

Are you thinking about starting a business
but have no money to do it with? Well, you're not alone. This article will tell you the basics of borrowing money.
A
loan is money that is borrowed, and has to be paid back along with interest. If the money is borrowed from an institution such as a bank, this is called a commercial loan. Money that is borrowed from a friend or a relative is called a personal loan.
The borrower, or debtor, is the business or individual that takes out the loan. The lender, or creditor, is the source from which the money was borrowed. The term, or period, is the time that is specified during which the borrower has to use the money borrowed before he has to repay the loan. The maturity of a loan is when a loan term reaches its end. The Principal is the amount that is borrowed from the lender. When you or your business borrows money, the lender wants to know when they will get their money back. Keep this in mind when you are looking for a lending source.

http://123business-loan.ws43.com/the-basics-of-borrowing-money.html

Just to clarify the statement, "Citizens clai...

2010-04-01T22:43:36.593-05:00

Just to clarify the statement, "Citizens claims Indianapolis ratepayers will realize a 25% reduction in rates under their management."

It is my understanding that Citizens claims that by 2020-something rates will be 25% lower than they might otherwise be if things remain under city ownership and control.

Don't you think Citizens should be using their...

2010-03-30T19:38:00.788-05:00

Don't you think Citizens should be using their money to first clean up the toxic waste dump they abandoned on East Prospect Ave a couple years back?

I suspect that parcel of chemical goo will sit and seep into the aquifer for decades like the National Lead plant on South Arlington did.

It sat there, a dilapidated eyesore and chemical wasteland, for probably 25 years until it was cleaned up a few months ago.

Well, at least the stench is gone.