Let's say, in theory, you did this. And you have accumulated all this credit card, loan, bill, etc. debt. If you had this prior debt and shot credit in the first place, this would've been a golden idea. An unsecured (you said it was, though I'm sure they're secured as I don't believe any business institution gives out unsecured loans) loan in the amount of $5000? I would just keep doing this (though it's impossible because they're likely all secured loans, thus defeating my forthcoming point) until you feel that you have to file for bankruptcy. Then, you only have a fraction of your debts to pay off, and hopefully you've wisely invested (lol) all the money you've procured. Makes me want to throw my life away and try this out.//content.invisioncic.com/y282845/emoticons/greedy.gif.5a53e6246569d7ab79867170f3b06629.gif