How a person can fall into debt Essay Example | Topics and Well Written Essays - 500 words

How a person can fall into debt - Essay Example A person missing on one or two payments can kick start a process of never ending debt trap where enormous amount of charges in the form of late payments, mark-ups etc are charged which never subsidize to allow a breathing space to the person availing the debt. Falling into debt is not a new phenomenon as almost everyone in civilized world is trapped into this never ending vicious cycle of debt. There are various ways through which a person can fall into debt. These means include from economic hardships to increasing social pressures to maintain certain social status within a society. b. Living beyond one’s means therefore force individuals to look for money to match their lifestyle with those they want to match. Thus forcing them to incur high cost debt and when they fail to payback, a never ending spiral of mounting debt start to increase thus almost perpetually forcing them to remain into debt. Social as well as economic pressures on individuals force them to fall into debt. This falling into debt, in current world, is mostly done through financial institutions – banks especially which offer various products catered according to individual needs at high cost which ultimately put a person into perpetual

Electronic frontier Assignment Example | Topics and Well Written Essays - 250 words

Electronic frontier - Assignment Example The giants who own the market in the digital world try to kill any competition that they get but this can no longer be done as I can simply challenge any of the plea with the use of the EFF. With the help of the organization I can make sure that my circle of privacy is not violated by the state authorities. I can make a fine line when I want to be anonymous on the internet and express my views accordingly. With the help of EFF I believe that I can challenge anyone who finds my anonymity illegal or tries to find my identity and threaten me in any case. If I find out that anyone is trespassing the line of my privacy I can always approach the organization and inform my government regarding the necessary issues so as to avoid any legal repercussions. I believe that I can protect my privacy to the fullest of extent if given the knowledge provided by the organization. The newest technology allows one to detect when anyone is trying malinger against you or is trying to impose something that I may not have even done. My information and logs should not be accessed by any given company unless they have issues of national security against