When stuck in debt what are you do do?
When stuck in debt what are you do do? So what can such US citizens do about this predicament? For starters many US citizens think about when looking for an option for debt relief is to get a loan against the equity in their house and consolidate the credit card bills into one month to month installment with a reduced interest rate. This is known as a debt consolidation loan and can be quite risky. If the debtor turns around and defaults on the loan they run the risk of losing their house.