For those working on repairing their credit, an emergency savings fund is an added layer of protection to ensure that they will not fall back into
the same debt traps and credit problems of the past.
Not exact matches
The
debt trap is probably the only
trap set by the
same one who falls into it.
Even better, you won't have to rely on
debt to get by or put yourself at risk of falling back into the
same trap that led to the initial bankruptcy.
You have no idea how hard it is to actually run an initiative to help people become
debt free, because everybody out there seems to like falling for the
same traps over and over again.
That's why we spend so much time on the blog talking about fixing your credit score and using peer to peer loans correctly without falling into the
same old
debt traps.
He says that Jacob Zuma is failing South Africa and is falling into the
same trap as the US politicians by stealing, mismanaging state money and creating massive amounts of
debt.