A caller on “The Ramsey Show” revealed his wife took out nearly $300,000 in high-interest loans over a decade without his knowledge. The debt came from lenders who turned checks into loans. Jeff had no idea for nearly 10 years, and the couple’s income is $125,000 with a $2,700 mortgage.

The hosts were shocked by the deception over a decade. Jeff clarified there was no addiction involved, just spending on Amazon. They’re now working on a plan to combine finances and tackle the debt, possibly negotiating settlements with lenders. Kamel and Delony advised against tapping retirement funds.

Jeff emphasized he wouldn’t leave his wife over the debt and is focused on resolving the situation. They’re considering returning his wife to work and tightening their budget to clean up the mess. Delony stressed the importance of working together to address the issue effectively.

Read more at Yahoo Finance: ‘Ramsey Show’ Caller Says His Wife Secretly Took Out $300K In ‘Predatory Loans’ Over 10 Years And ‘Blew’ It On Amazon