Perpetual Debt: Debts Which Are Impossible To Repay

I am a regular user of Mary Hunt’s Rapid Debt Repayment Calculators on her website for my own finances and for those of my clients. Last night I was working with the RDRC and I saw something for the first time in all my many years of using Mary’s calculators for their intended purpose, finding the fastest and/or cheapest way to repay unsecured debt . When I put in some figures, the website flashed up a warning in red. According to our calculations, this debt can never be repaid. At first I thought it was an error, but I checked […]

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