Sentences with phrase «vicious debt cycles»

As a result the one can get into a vicious debt cycle.

By putting off payment to the next cycle by paying just the minimum balance can lead to a vicious debt cycle.

Whether you are looking to purchase a new home or new car or are just looking to escape the vicious debt cycle and the burden of financial pressure, we can help you find that path to your goals.

Not exact matches

This will set off a vicious cycle of higher deficits that lead to higher debt, which in turn will mean higher interest costs and less funding available for healthcare, education and other provincial services.

This can soon become a vicious cycle where you get your paycheck and use it to pay interest on your debt.

This is a vicious cycle that traps many into ongoing debt payments they soon come to realize will never reduce their original balances.

With debt settlement you can quickly break free of this vicious cycle of minimum payments and high interest.

«You'll never get out of the vicious cycle of debt without a mini emergency fund.

These parents can fall prey to payday loans and get trapped in a vicious cycle of long - term, high - cost debt.

But don't get complacent about carrying consumer debt, which can entangle you in a vicious cycle of not being able to pay your balance in full and having to pay repeated interest charges.

Before you know it, you're trapped in a vicious cycle that you can't dig your way out of and your debt balance is growing day by day.

This leads to a vicious cycle of debt where the person is borrowing money from other sources to be able to pay back the payday loan on time.

It was a vicious cycle, and she got deeper and deeper into debt.

This program rescues you from the vicious cycle of payday loan debt.

This applies not only to credit newbies, but also to those who have a negative history caused by extremely delinquent accounts (e.g. late payments, repossession, debt collections, tax liens, foreclosure, judgments, bankruptcy, etc.) who are stuck in this vicious cycle.

If you want to avoid getting caught in the vicious cycle of credit card debt and still want to enjoy the convenience and flexibility of a credit card, you can consider the option of a line of credit where you can use your 100 % credit limit without the hassles of a credit card.

Ultimately this vicious cycle of accepting sub prime offers can result in catastrophic debt overload which then leads to bad marks on a credit report or even bankruptcy.

This means rolling the debt into another loan with more interest and fees and gets you caught in a vicious cycle where your loan just keeps getting bigger and bigger.

End the vicious cycle of credit card debt, rather than transferring the balance to yet another credit card, which you might continue to charge up.

Summary: The first step is to avoid debt at all cost, it's a vicious cycle that can put you deeper in the hole Start planning for your rainy day fund with the goal to have 3 - 6 months in reserves for any emergencies Start...

Deposit insurance is only needed when money is created out of debt through fractional reserve banking, and then that debt becomes the basis of more debt - based lending in a vicious cycle of deceit.

Rising tuition costs and an anemic job market are feeding this vicious cycle, as a generation with more student loan debt than any other is struggling to find its economic footing.

People who do not take action and begin freeing themselves from debt end up trapped in the vicious cycle of watching their paychecks be spent before they are even received.

Using payday loans each week to get an advance can lead to a vicious cycle of debt that never ends.

Video games should not be trapping people in vicious cycles of debt, shame, and abuse.

Even President Obama has recently weighed in, noting that some payday lenders may be «trapping hard - working Americans in a vicious cycle of debt»