Taken from The Source
1.
If you find yourself in debt and are having difficulty managing it, notify your lenders. It's better to let them know in advance of problems so something can be worked out.
2. Shop around when you want to borrow money to find the best possible deal.
3. If you don't want to borrow against your home, look for an unsecured loan.
4. The longer you borrow for, the more in interest charges you will end up paying.