Tags |
|
|
Links |
|
|
E-Folder - A Bad Credit Rating Can Be A Good Thing
Can a bad credit rating save you from bigger problems? Hasn't it done just that for many young people? I'll explain how with a couple true stories.
<
<
According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product
b>Good Credit Rating Story
My friend started his adult years with good credit. Soon he was able to get credit cards at will, as well as finance c
My friend started his adult years with good credit. Soon he was able to get credit cards at will, as well as finance c
; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.
Examples of combination products may in
Examples of combination products may in
ars, snowmobiles and more. He made the payments, and went deeper and deeper into debt while he was at it. When he was 30 years old, he had over $20,00
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
0 in credit card debt, plus loans on cars and business tools.
Eventually it was just too much to handle. After considering bankruptcy, he was convinc
Eventually it was just too much to handle. After considering bankruptcy, he was convinc
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
ed that the credit card companies would reduce his balance due if he just threatened to declare bankruptcy. However, he had to stop paying on the card
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
s, or the credit card companies wouldn't believe he was in financial trouble. He did this, and then drafted a nice letter to the companies, explaining
ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc
his situation. Most cut at least 30% off what he owed, but he had to pay the remaining balances immediately, which he did with a home equity loan.
A
A
easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi
s a result, his bad credit rating wasn't as bad as if he had actually declared bankruptcy, so he was able to rebuild his credit score. He also started
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
to rebuild his credit balances. His good credit rating enabled him to begin again the process of overburdening himself with debt. He lives a stressfu
and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ
l life, to say the least.
Bad Credit Rating Story
Another friend had her first credit score based on the phone bill in her first apartment, w
Bad Credit Rating Story
Another friend had her first credit score based on the phone bill in her first apartment, w
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
hich she never paid on time. It was eventually disconnected. This, along with a few other minor credit infractions, destroyed her credit scores while
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.
Following aspects would a
Following aspects would a
she was young. What has this meant for her?
Well, because she can't borrow, she hasn't had the pleasure of being overwhelmed with debt and at the edg
Well, because she can't borrow, she hasn't had the pleasure of being overwhelmed with debt and at the edg
dd to the challenges in developing combination products:
Which markets to tap where the combination products can do fairly well?
Which combination prod
Which markets to tap where the combination products can do fairly well?
Which combination prod
e of bankruptcy. She has to buy things for cash when she has it, or wait until she saves enough. Has the inability to have a bunch of things around th
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
at are worth a fraction of what she owes on them made her less happy? I don't think so. She seems happier than most people, perhaps partly because she
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
just doesn't have the debt-stress that is so typical today.
Bad Credit Is Good?
I'm not saying you should purposely try to get a bad credit
Bad Credit Is Good?
I'm not saying you should purposely try to get a bad credit
t?
As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel
As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel
rating, but if you already have one, know that it isn't all bad. The habits that got you here could get you into even more trouble if you could borrow
ping new procedures for reviewing their safety, efficacy and quality.
Professional from academic institutions, pharmaceutical industries, health care indust
Professional from academic institutions, pharmaceutical industries, health care indust
more. Why not look at it as an opportunity to stop going further into debt, and a chance to learn better habits?
Pay cash for everything. Pay down t
Pay cash for everything. Pay down t
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
hose credit card and loan balances (the higher interest ones first). The moment you get your cards paid off, start setting aside money to buy a good u
.
As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de
As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de
sed car for cash. then, when you've done that, start putting what would have been a car payment into a savings account, for a future down payment on h
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.
Companies that provide selfless information through particip
Companies that provide selfless information through particip
ouse or a business (the only things you should borrow for). Yes, a bad credit rating can be good thing, if you take it as a lesson, and an opportunity
tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products
HTTP = HTML link (for blogs, profiles,phorums):
<a href="http://www.e-folder.org.ua/article/91602/e-folder-A-Bad-Credit-Rating-Can-Be-A-Good-Thing.html">A Bad Credit Rating Can Be A Good Thing</a>
BB link (for phorums):
[url=http://www.e-folder.org.ua/article/91602/e-folder-A-Bad-Credit-Rating-Can-Be-A-Good-Thing.html]A Bad Credit Rating Can Be A Good Thing[/url]
Related Articles:
Are Expectations and Boundaries Clearly In Place?
Nursing Cover Letter: Guides Nurses to Standout and Get the Job
The Internet as the Entrepreneur's Best Friend
Bookmark it:
|