By Asbostos
This is harsh but true. If you’re at risk of losing your job, and you need all that income just to survive – without saving anything – then you’re already not in a sustainable situation and should fix it while it’s easy, not after you lose your job and become desperate enough to take on foolish debt in the stress of the moment. Similarly, if you depend on your job to pay the mortgage, then be prepared to lose your house when you lose your job. It’s not the end of the world, you can still get a pile of cash out of it.
Read more here: https://news.ycombinator.com/item?id=10643500
Asbostos comments on "The Color of Debt: How Collection Suits Squeeze Black Neighborhoods"
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