16 Reasons You Can’t Escape The Poverty Trap

You’re trapped in debts

“When you’re poor, it’s easy to get stuck in a debt trap because you’re desperate,” says Kristin Wong of Brokepedia. It can be an emergency credit card, a payday loan or a debt settlement scam or something else that you decided you need in a moment of stress or desperation. It’s exactly these types of moments that generate decisions that will keep you indebted and broke for many more years to come.

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