7.
If you find yourself with a lot of debt, which of these is a RESPONSIBLE strategy for paying off
your debts?
a. Pay your secured debt first so you don't lose your house or car, then worry about your
unsecured debt later on.
b. Pay your unsecured debt first, then worry about your secured debt later on because that debt is
backed up by your house or car.
C. Cut out all unnecessary spending from your budget, and put all the extra cash toward paying
down debt.
d. File for bankruptcy so you can start anew with a clean slate.