Posted on Wednesday, June 08, 2016 at 6:15 pm CDT
When debt starts to spiral out of control, it can become a big problem. Many Australians find that their finances have reached unmanageable levels. As a result, there is a temptation to borrow more money to pay off older debts. Some people refer to this as the "robbing Peter to pay Paul" syndrome.
Source: Consolidation Deal