Browse topics like loop Skip to Videos All | predatory debt | APR | credit concepts | credit scores | determining loan costs | how loans work | tribal loans | flex loans | @betterfi | @spikeatbetterfi | What a is a "debt loop?" #endpredatorylending #thecreditrepairshop How does the super-expensive-loan “debt loop” or “debt trap” work? Not all #DEBT is created equal: three loan types that trap families already in a bind These three types of loans trap people: payday, title, and flex loans.