It is a company that makes money by locking people into cycles of debt, interest on debt, late payment charges and interest on late payment charges. (labour-uncut.co.uk)
You, then, would be left with no choice but to borrow again and be trapped in a never - ending cycle of debt. (consolidation.creditcard)
Many revolving credit products allow you to pay back only the interest, which is a major reason why so many people find themselves stuck in what feels like an endless cycle of debt. (business.financialpost.com)