I just ran across a news headline on MSNBC, "The Secret to Getting Out of Debt Without a Loan." I wonder who thought that one up, how it made it past an editor? You would have to be a dumb bunny to not know that the secret, is pay off your debts, don't refinance them. If you take a loan to pay off a debt, you are replacing one debt with another debt.
I have watered things brighter than some of the people who write these headlines.
bunnehs!
ReplyDeleteBunnies always get such a bad rap (I feel I should make beat box sounds here).
ReplyDeleteI remember the good ol' days of consolidation loans. One payment per month instead of several. It's all fine and dandy until you have the loan payment and the debt from running up all of the credit cards again.
I don't get headlines either.
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