E123E >> Money

Overly Lax Creditors

If an offer seems too good to be true, then it absolutely is. In your life, you are possibly likely to encounter at least one creditor entity that, while not predatory in their interest rates, are nevertheless perhaps a bit too eager to do business with you. Some entities can encourage you to spend beyond your means, or more often, accept lines of credit to people or parties that probably should not be managing such a resource due to financial history or other factors. Misuse of credit cards, mortgages, and other types of loans regardless of your interest rate is in of itself a significant financial risk, stalling not just potential savings growth but also causing debt and reducing revenue through garnishment of wages.