• Tweet This!
• Share this on Facebook
• Subscribe to the comments for this post?
• Stumble upon something good? Share it on StumbleUpon
• Add to a lense on Squidoo
• Share this on Reddit
• Share this on del.icio.us
• Share this on Technorati
• Post this on Diigo
• Post on Google Buzz
• Digg this!

Celebrity judge of ITV1′s X Factor, Dannii Minogue has revealed that she settled her debt management problems in a rather unconventional way – by becoming a Playboy covergirl.

Ms Minogue explained that she managed to get out of debt, in a way that few people experiencing debt problems would be able to emulate, by stripping nude for Playboy magazine.

The Australian star, who bared all for Playboy magazine in 1995, owed more than £150,000 and revealed that she was too proud to ask older sister Kylie for help with debts.

Following the breakdown of her marriage to Nip-Tuck actor Julian McMahon, Dannii Minogue had run-up a number of outstanding balances and turned to posing nude to pay them off.

Speaking emotionally during a filmed interview with Piers Morgan, Ms Minogue said: “Kylie knew why I was doing it. I could have asked her for the money, but it wasn’t in my nature.

She also insisted that she didn’t regret baring all – but wouldn’t disclose how much she was paid: “It had to be a lot to look at my parents’ faces and see the anguish in my dad’s eyes.”

Ivan Cooper, Chairman at debt advice specialists Chiltern, said: “Dannii Minogue was in a fortunate position that she could pay off a substantial amount of debt in one go; albeit in a less than conventional way.

“For many people in a similar position financially, the option of receiving over ¬¨¬£150k to pose naked isn’t usually on the cards and a more realistic solution is needed.”

Reputable organisations, such as Chiltern, can advise on many solutions to debt problems and ensure you receive a solution specific to your needs and circumstances.

X Factor X-rated solution for debt management problems is a post from: TheDebtPeople.co.uk