519-646-2222The reason for getting out of debt
It may seem obvious why people want to get out of debt, but the reason is may not be what you expect.
Yes, people are stressed, frustrated, wasting money on trying to maintain impossible minimum monthly payments, moving debt from one form of credit to another, they need relief, they want to break free from the cycle of debt. That seems obvious…
But that is not always the case – what most debtors really seem to want is to get back into debt again, to be able to buy more stuff (they can’t afford). People get frustrated because they can’t spend money (they don’t have) and they want access to more debt. After all, VISA is everywhere you want (but can’t afford) to be.
Unfortunately for some people, debt can be the difference between eating and not being able to afford to buy groceries at all.