Money Week: The credit trap

http://www.stuff.co.nz/business/money/10618787/Money-Week-The-credit-trap

 

 

 

CREDIT HOLE: Rangi Harrison has clawed her way out of debt after taking out a car loan that took seven years to pay off.

The family scraped by each week, paying off one small debt while creating another.

“I hated always having to try and figure out where I was going to get the next load of money to cover the next lot of bills or the unexpected stuff,” says Harrison.

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