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Main Reason Why People end up in debt
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[QUOTE="Rachael, post: 215678, member: 68963"] One of the valid reasons why most people end up in debt is because they do not have any plans of paying back. There are people who just collect loans without having any other way nor collateral which could be used in sorting out outstanding debts. The urge to collect loans or borrow money would be their first priority by having a back up or striking plan where this money could be repaid, leaves them in debts. Before taking a loan, you should always have other alternatives where you can always repay just incase the major plan does now work out as expected. [/QUOTE]
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Main Reason Why People end up in debt
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