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September 29, 2025
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Debt Traps

Debt Traps
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Understanding How Debt Traps Happen

John Arthur4 months ago4 months ago08 mins

Getting caught in a debt trap is a frustrating and stressful experience that many people face, often without realizing how they got there. At its simplest, a debt trap occurs when you spend more than you earn and rely heavily on credit to cover the difference. While overspending on wants can definitely lead to trouble,…

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