Why people have to rely on debt because
- no history of installment debt with financial institutions, never put money into an account
-. There is no guarantee is self
.- income uncertainty, live from hand to mouth, opportunity or ability in paying back is very low. Is not the main criteria for financial institutions to lend to
.- on the credit bureaus. There is a history in a debt with other financial institutions, such as rent, buy car, motorcycle, my mortgage, or credit card. ATM card, so there is a risk that the financial institutions to lend
.
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