12∞ · Question 10.6.1
How do people get trapped in consumer debt?
Gradually. A card covers a shortfall, the balance is not cleared, and interest of twenty percent or more is added to interest.
From the book 12∞ Twelve to Infinity by D.R. Davenport. The full answer is free to read with an iBelieve account.
Where it sits in the book
- Part
- 10: Money, Energy, Work, and Abundance
- Gate
- 10.6: Debt
- In print
- Page 337
- 10.6.2 → · Is a mortgage good debt?
- All of Part 10
Topics
Last updated