Scammy Ways You Can Ge Buried in Debt

Legit companies, scammy behaviors.

Unless you come from an obnoxiously rich family, one of the first things you find out when you hit adulthood is that your future might depend on your willingness to take on debt.

College? You'll probably need a loan for that.

Need a car? That also might require a loan.

Ready to put down some roots and settle in a permanent place of your own? Unless your name is Mr. or Ms. Murdock, get ready to borrow.

And your car, education, and house are only the tip of the debt iceberg. Beneath the sea is a whole other landmass of ways the world wants to keep you in the red.

Creditors Will Try To Convince You To Inherit Your Dead Parent's Debt

Picture this: it's only been a week or so since your parents died in a tragic white-whale-hunting accident. In the middle of making funeral arrangements and divvying up the good jewelry, you start getting calls from a debt collector. It turns out your dadr ran up a huge debt by stockpiling hundreds of harpoons, and these guys want to know how you intend to pay everything off.

"Wait a minute," you're saying. "I don't have to pay my parents' debts!" And you'd be right. But if you think that's going to stop debt collectors, I admire your optimism!