Sentences with phrase «pile of high interest debt»
Face it: if you owe a pile of high interest debt, you're a wage slave.
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Eventually, the debt piles up due to high - interest rates and short payment terms which usually range from a couple of weeks to a month.
Does the company have piles of short - term debt that may have to soon be renewed at higher interest rates?
Unfortunately, this cycle has far too many times in a row and the sky - high Interest and fees continue piling up... leaving many payday lenders in mountains of debt, unable to get out.
South Africa is grappling with rising defaults on a mounting pile of unsecured personal loans, high - interest - rate debt not backed by collateral like a house or car.