asked 91.7k views
5 votes
Why is it difficult to pay off debt and how can debt payments work against consumers?

1 Answer

4 votes
debt is hard because people like to put it off, and that putting it off has a cost called interest, eventually, something wil hit the consumer that will knock them oout and prevent them from making payments on time deepeenging them further into debt, then this repreats for along time
answered
User Snorberhuis
by
8.2k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.