单词 | high-interest debt |
释义 | high-interest debt But this rule will not always apply - for example, if you have a large high-interest debt, that should be prioritised. The Sun But payday borrowing can leave you trapped in a cycle of high-interest debt. Times, Sunday Times Much of it has come from refinancing paymentin-kind notes — a high-interest debt instrument long favoured by private equity groups. Times, Sunday Times Once lured into high-interest debt traps, struggling borrowers have no option but to keep borrowing at punitive interest rates - making it impossible for them to escape. The Sun |
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