Before we move on, let's review some key points from this chapter:
You need to know all the relevant details about your debt before you can properly manage it.
The rates you pay on your borrowing depend heavily on your credit score.
Retirement savings and financial flexibility need to be a key part of most people's financial plans, even when—especially when—they're paying off debt.
Some common “solutions” for debt, such as borrowing against home equity and tapping retirement accounts, often make matters worse.
If you can't pay off unsecured debts like credit cards and medical bills within three to five years, you may need to consider bankruptcy.