Sentence examples for loan trap from inspiring English sources

Gregory Westby, a 27-year-old designer who graduated from the School of Visual Arts in New York last May, is caught in the student loan trap.

Stella Creasy, the Labour Party spokeswoman for business issues, posted on her Twitter account: "you can find 12 happy customers, I can provide you with 1200 caught in toxic payday loan trap".

And this, according to the City regulator the Financial Services Authority (FSA) has left approximately 4.2 million (38%) of the 11.1 million people with an interest-only loan trapped in a position where they may not be able to repay the capital on their home.

While the researchers disclosed their funding source for the 2011 paper "Do Payday Loans Trap Consumers in a Cycle of Debt?" they also assured readers that the industry "exercised no control over the research or the editorial content of this paper".

The emails, obtained from Arkansas Tech University through an open records request by the watchdog group Campaign for Accountability and subsequently shared with The Huffington Post, show that Miller was actively involved in editing a study by Fusaro that investigated whether payday loans trap people in a cycle of debt.

Our government has attempted to jawbone trustees/servicers to modify loans trapped within securitizations.

Congress already passed legislation to protect military personnel from the payday-loan debt trap by prohibiting loans to active-duty service members and capping the annual percentage rate at 36percentt.

This is how people fall into the payday loan 'debt trap'.

JOSEPH COLEMAN Chairman Financial Service Centers of America Bronx Douglas McGray's article on check cashing distorts the harsh reality behind the payday-loan business: the industry relies on charging borrowers outrageous interest on short-term loans that trap people in an inescapable cycle of debt.

"Responsible payday lenders, such as the CFA's members, have no desire to lend to consumers that cannot afford to pay back their loans or trap them in a cycle of debt".

Certain forms of online education have also picked up a bad reputation due to low graduation rates, high fees, and readily available student loans that trap many students in a cycle of poverty, a far cry for their dreams of economic-security-through-diploma.