Only a fool takes a loan and pays it back, the point is when borrowing, especially for large loans, go bankrupt, get the money out somehow, use a good accountant and don't pay anything back. if you take a loan in order to pay it back, you are a loser because the interest is your work and the effort you give away. besides, banks print money out of thin air, so this money is free for everyone.
Money makes money so with this money you can set up the real honest business or to set up next business on other person name keep money flowing then build some credit history and take new loan.
That's the smart way and your time efforts getting paid and you make atleast something out of it.
Lol, what a dishonest mindset. If you take a loan and don't pay it back you are actually stealing from someone. It's not free money, it's the money from the bank's customers you are borrowing. If you think the lending model offered by banks is unfair and abusive, just don't borrow money from them. Find alternative possibilities of raising funds which don't involve you scamming the lender in the end.
Anyway, people should be careful with you. With that kind of subversive mindset where being honest means to be a loser and to be a scammer means to be smart, it seems people around you will be in constant danger if they aren't attentive to their pockets...