Sentences with phrase «stuck in a cycle of debt»

So many people and families get stuck in the cycle of debt.

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.

If so, we can't stress enough the importance of paying down your amount owed, since high interest rates can keep you stuck in a cycle of debt.

Once you start carrying a balance, and paying interest on it, you can get stuck in a cycle of debt and interest.

Otherwise, you'll be stuck in this cycle of debt for generations.

Not exact matches

As the founder of a small - business loan advisory, my firm often receives calls from entrepreneurs who are stuck in a debt cycle.

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

Do you feel you are stuck in a debt cycle of paying high monthly payments but not making any real progress paying down your debts?

Debt Resolution is a viable option for anyone that has accrued debt due to unforeseen circumstances, is facing higher interest rates making it difficult to make the monthly payments, or feels they are stuck in the debt cycle of paying high monthly payments every month but not making any real progress paying down their debts under the original teDebt Resolution is a viable option for anyone that has accrued debt due to unforeseen circumstances, is facing higher interest rates making it difficult to make the monthly payments, or feels they are stuck in the debt cycle of paying high monthly payments every month but not making any real progress paying down their debts under the original tedebt due to unforeseen circumstances, is facing higher interest rates making it difficult to make the monthly payments, or feels they are stuck in the debt cycle of paying high monthly payments every month but not making any real progress paying down their debts under the original tedebt cycle of paying high monthly payments every month but not making any real progress paying down their debts under the original terms.

Moreover, if you ended up with this debt because of a life - changing event like getting divorced or losing your job, the loan won't address the root cause and you run the risk of getting stuck in a new cycle of debt.

The stress of constant collection calls and the feeling that you are stuck in a never - ending cycle of debt can push you over the edge — especially if you don't see any way of putting your debt behind you.

Without making a lifestyle change to spend less and save more, you will always be stuck in the nasty cycle of debt, no matter which debt relief option you choose to take.

«Credit cards are a popular payment tool for Canadians; however, unchecked spending habits can result in getting stuck in continuous monthly debt cycles that can hamper near and long - term financial goals,» said Nick Mastromarco, managing director of North American retail payments at BMO.

Setting a budget and sticking to it when playing mobile casino games is the responsible way of ensuring you don't get caught in a bad debt cycle, players are required to enforce their limits by using self discipline which is not always easy, but the financial rewards are worth the effort.

When each future paycheck is going toward paying off your payday loans, you could very easily get stuck in an endless cycle of debt.

Are you struggling with credit card debt or stuck in a cycle of payday loans?