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Burned by a bad loan? Here's how to recover.
Yahoo Finance· 2026-01-29 22:22
If you're stuck with high interest rates or unaffordable monthly payments, you might feel that taking out a loan was a mistake. While a bad loan can feel overwhelming, it's not uncommon — 29% of respondents said their biggest financial regret was taking on too much debt, according to a Clarify Capital survey. The good news is that you're not stuck with a bad loan forever. With a clear plan and dialed-in budget, you can dig yourself out of debt and close that loan for good. If you regret a past borrowing d ...