How to Spot a Debt Trap

How to Spot a Debt Trap

Guide to Detecting a Debt Trap in Your Financial LifeDebt is a trap that feeds on itself. The cycle of debt traps people and they can't get out of it. The term debt trap is used for a couple of different financial concepts: 1) A person's inability to repay their debts...

The Paycheck and Debt Cycle – How to Break it

Saving for a rainy day

Saving money is hard enough when you're living paycheck to paycheck.When you're also responsible for rent, utilities, groceries, and student loans, it can be damn near impossible. There are several things you can do to make your money go further. The first is to cut...

Buy Now, Pay Later

Buy Now, Pay Later

You can end up spending more with “Buy now, pay later” options "The ‘buy now, pay later’ trend could be the next hidden source of consumer debt. Analysts warn that this growing industry can lead to excessive personal debts without warning and with little recourse for...