Sentences with phrase «expensive debt cycle»

Credit cards have an endless term that can keep you in a dangerous and expensive debt cycle.

Not exact matches

With the expensive fees payday lenders charge and the possibility to extend the loans more than once, you can easily find yourself in a cycle of debt, a target of collection efforts or both.

Looking to grow, Brian took out a loan with a short - term lender — but was soon stuck in a cycle of expensive debt.

Thus, a cycle of expensive debt occurs, keeping borrowers forever indebted and unable to get on solid financial footing.

That meant your most expensive debt was the last to be paid off, trapping you in a cycle of debt longer.

Double - digit interest rates, fees and other terms can keep you stuck in a cycle of debt that's too expensive to dig out of.

Stock prices would improve as well, and that's fine during the boom cycle, for then, but many would issue expensive hybrid junior debt with an accelerated stock repurchase.

It is this second feature that in the 19th Century first earned even nonviolent loan sharks their «shark» moniker — a single loan, even if it is expensive, looks harmless enough, but stealthily traps the borrower in a cycle of debt.