How to get out of debt without getting burned

If you are living paycheck to paycheck—and two-thirds of Americans are—beware of a common trap that can leave you drowning in debt. Scott Cohn of CNBC's "American Greed" has the important steps you can take to stay above water. Watch an all new episode of "American Greed," Monday at 10p ET only on CNBC.
Thu, Jan 16 202012:52 PM EST