Not all debt is bad. The final determination of whether a certain type of debt is good, bad or neutral ultimately depends on the person taking on the debt.

Could your debt be reduced or forgiven? Take our financial relief quiz. If you’re a business owner extending credit to customers, then you’ve likely had an experience with bad debt or will at some ...

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Figuring out when to take out a loan, pay cash, use leverage, or pass when something isn't affordable. Unpacking good vs bad debt. Myth: you should always pay cash if you can. Fact: investors should ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. While some forms of borrowing can help you move forward financially, ...

The average interest rate on a bank credit card is currently 21.5%. That’s the highest level since the Federal Reserve started tracking the data in 1994, according to The Associated Press. Do you have ...

Debt is often discussed in negative terms, but debt isn’t just good or bad. It falls on a spectrum, and how you manage it plays a big role in how it impacts your finances. Bad debt is usually ...

Debt is often treated as a bad word though taking out loans and swiping credit cards is commonplace and unavoidable for most households across the country. However, not all debt is “bad” debt. At ...

Determining whether a debt has become worthless always is a question of fact which requires consideration of all pertinent evidence—including the debtor’s financial condition and the value of any ...

Many people view debt as a bad thing, but if you use it properly, it can move you closer to your financial goals. Real estate investor and financial influencer Graham Stephan recently explained in an ...