Five Really Dumb Things Not to Do If You Are Up to Your Eyeballs in Debt

Gary North

This article describes the “dumb five.”

Pay the minimum payment on your debt. This can go on for years.

Seek handouts from friends and family. They will want to avoid you. You stay in debt.

Pay credit counselors up front. You may get skinned.

Get a high-interest loan to pay off old loans.

Declare bankruptcy before using this site to get out of debt honorably.

http://www.howlifeworks.com/a/a/?cid=7060dg&AG_ID=769

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