5 Things You Don’t Know About Your Debt

Flickr/Lourdes Nightingale

Unless you’ve been living under a rock, you probably know that debt can be bad news. It costs you money, it causes stress — it even played a role in the recent financial crisis. However, despite all the grim warnings, there are probably a few things that you don’t know about your debt , or at least haven’t considered.

If you’re still sitting on the fence about whether to make a commitment to pay off your debt once and for all, check out a few of the effects of debt. They might just tip the scales in favor of a debt diet. Read more in my new post on GoBankingRates.com: http://bit.ly/JTEoOi

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