Which of the following is not a good idea for getting out of debt?

Question image

Understand the Problem

The question is asking which option is the least advisable action to take for getting out of debt. It presents several strategies and asks the respondent to identify the one that is not a good idea.

Answer

Borrow money from your parents to pay for the debt

The final answer is Borrow money from your parents to pay for the debt

Answer for screen readers

The final answer is Borrow money from your parents to pay for the debt

More Information

Borrowing money from parents might not promote financial independence and can strain relationships.

Tips

Avoid relying on loans from family as a regular method to handle debt.

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