Pregnant OF Trash Addicted To Payday Loans | Financial Audit
Financial Audit
Deep Dive
Why did the couple feel like they were drowning in debt?
They had accumulated various debts, including medical bills, credit card debt, and loans, making it difficult to manage their finances.
Why did the couple enroll in a debt relief program?
They were struggling with multiple credit card debts and decided to enroll in a debt relief program to manage their financial burden.
Why did the couple purchase expensive mattresses on loan?
They believed the high-quality mattresses would improve their sleep and work performance, justifying the high cost.
Why did the couple not prioritize paying off their smallest debt?
They had other larger bills to pay and thought making minimum payments on the smaller debt was easier.
Why did the couple not have a joint checking account?
They had separate accounts but helped each other with bills, making it difficult to manage finances transparently.
Why did the couple not know their interest rates and payments on various debts?
They relied on each other to handle financial matters, leading to a lack of comprehensive knowledge about their financial situation.
Why did the couple not consider bankruptcy as a solution?
The husband, being in the army, would not be eligible to file for bankruptcy, limiting their options.
- Lily works with kids with autism and earns $24/hour.
- She and her husband feel overwhelmed by debt and are expecting a baby in December.
- Lily used to work on OnlyFans but stopped due to her pregnancy.
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