I was recently offered a seven-year, $15,000 personal loan at 9.9 percent interest by a bank. Although the interest on most of my credit cards is 9.9 percent, the minimum payments on my $15,000 balances are so high that I have little left to live on until the next payday.

I was turned down for the loan because I have too many credit cards with high balances. I believe I have good credit. How can I obtain one of these loans at a decent rate?

The way to get out of credit trouble is not to borrow more money. And you, sir, are in credit trouble. You were turned down for the loan because you had too much debt.

Had you been approved for this loan, you probably wouldn't have received the touted 9.9 percent rate. If you read the fine print, you'll see that most of these "personal loan" offers have variable rates based on your credit. Yours apparently isn't as good as you thought because a lender looked at you and saw a considerable risk.

The answer to your problem is to stop looking for ways to make smaller payments on your debt. Instead, buckle down and make larger payments each month on your credit cards to get your debt paid off sooner. You might need to sell some assets, stop eating out or find a second job to speed things along.

Oh, yes, and by the way: Stop using credit cards to buy stuff. You should be on a cash-only basis until the last payment is made.

You've written about the importance of having adequate liability insurance. But if I have a net worth of $1 million and I get an umbrella liability policy that covers me for up to $1 million, what's to stop someone from suing me for both my net worth and my insurance policy?

Technically, nothing. Fortunately, in the real world - and with real lawyers - that's generally not how it works.

Given a choice between attaching your assets and settling for an attractive sum from your insurance company, most attorneys will settle for the insurance. If your liability coverage is grossly inadequate, however, and you've got anything worth going after, the opposition's lawyers will overcome their inertia and try to attach what they can.

Fortunately, liability insurance is relatively cheap. For someone with a net worth of $500,000 or more, it's a sensible investment.

My column on debt and marriage in September prompted comments from readers. One of the letters:

Thank you so much for setting straight the couple who said they could afford a $35,000 wedding but who in reality were maxing out their credit cards to pay for it. I'm a member of Debtors Anonymous, a 12-step group based on the principles of Alcoholics Anonymous. Spending and debting is such a disease in our country. We need more people like you willing to speak up and educate others.

We need, at the very least, a little common sense when it comes to using credit. Charging a wedding to a credit card makes no sense, even though this couple planned to pay off the debt with cash gifts from their guests.

Another reader's comments:

Fifteen years ago, I was remiss in not convincing my fiance that we couldn't afford anything more than a small wedding. At the time we had a combined income of less than $30,000, but opted for a wedding costing us close to $10,000. The logic was simple: We'll pay it off with all the wonderful cash gifts we'd receive. That, however, was an assumption, not a reality. We received $1,350 in cash gifts from about 15 of the 150 guests. The debt we incurred became one of the primary reasons our marriage lasted just barely longer than the open-bar reception.

As you learned, the stress of starting your married life in debt can be fatal to the union. Loving couples should consider giving themselves the gift of paid-off credit cards and an affordable event, rather than taking on bills they can't pay.

Liz Pulliam Weston is a columnist for the Los Angeles Times, a Tribune Publishing newspaper.