Help please. Suppose you borrow $10,000 at 10% P.A. and the payments get too much to handle, so you borrow Another 10,000 at 3% to pay off the first amount which was at 10%. Somehow this sounds like a Ponzi scam, but I can't seem to prove it. Does the above make sense, borrow more to of a big debt. My son did hat and is now over his head..help..