Opinion

Are student loans a debt trap?

UK graduates ‘have it rough’, with harsh interest terms imposing a lifetime tax on many ...
America’s love affair with cars has turned into a debt crisis. As of the third quarter of 2025, U.S. households collectively carried $1.66 trillion in auto loan debt, according to the Federal Reserve ...
A recent confession on Reddit served as a stark reminder that a high income is no guarantee of robust financial health, and sparked a discussion on the perils of frivolous spending. The post, titled ...
Debt Trap: If you are only paying the minimum amount due on your credit card or loan every month, this is the first and most common sign of a debt trap. While making minimum payments might prevent you ...
This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. An increasingly tumultuous economy requires careful planning that balances, growth, taxes ...
Struggling with debt is never fun. Whether it’s credit cards, auto loans or something else, those monthly payments can cause a lot of financial stress. But while many experts agree that high-interest ...
Canadians are drowning in debt and it’s not just a personal finance problem anymore. The average household now owes nearly $1.80 for every dollar of disposable income, putting us among the most ...
The Finance Ministry says it is redoubling its efforts to avoid a debt trap for the country, as revenues remain low, while ...