78. How to Manage Inconsistent Income with Barbara Sloan
Financial Feminist
00:00
The Debt Cycle
The average payday loan interest rate in this country is 400 percent four hundred percent The average you know credit card interest rate is I think like 18 percent You know, we were probably gonna max out at about 30 percent for the really predatory cards 400 percent. So what was that cycle like for you? Yeah, it was working lots of shifts those first three years. It was avoiding creditors like I moved around Based on how much mail I got firm creditors trying to seek getting any sort of money and they would they were relentless That was before laws told them that they couldn't be harassing people but it felt So heavy so hard.
Transcript
Play full episode
