Sentence examples for credit trap from inspiring English sources

As their passion cools, her extravagance increases, and she is lured into a credit trap from which only suicide can release her.

Kathy Chu of USA Today won the business reporting award for "Credit Trap," a series showing how banks and other credit-card issuers used unscrupulous practices and steep fees to take billions from unwary customers.

Unlike benefit delays, where in theory claimants can receive backdated payments to cover the period when they were without income, sanctions left already vulnerable recipients struggling with a massive hole in their finances which they had often filled with expensive credit, trapping them in a cycle of debt.

"The Credit Card Trap" (editorial, April 6) notes the contemptible behavior of banks that are increasing credit card rates for the same taxpayer-consumers footing the bill for their bailouts.

How could a person who wrote about economics for a living fall into the kind of credit-card trap that consumer groups had warned about for years?

What we at the StepChange debt charity have seen over the last few years is that payday loans are a highly destructive form of credit that traps people in downward cycles of borrowing, and which often serves to make them even more financially vulnerable.

At The Future is Being Built, Inglewood Mayor James Butts made us laugh saying "Cars and people with debit cards and credit cards trapped in your city, that's a good thing".

Despite his absence, Zimmerman is listed in the closing credits of "Trapped in the Sky".

Credit cards can trap people in debt and bleed them dry with late fees.

Hell, a good pothead should be aware that credit is a trap set up by the police to make us obey the rules.

The banking industry needs regulation to insure that Americans with decent credit are not trapped in a cycle of debt by outrageously high interest rates on their credit cards.