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Not all debt is created equal: Understanding the difference between good and bad debt

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By Megan SaylesAFRO Staff Writermsayles@afro.com 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 times, taking on debt may be a necessary stepping stone in achieving a financial goal. The […]

The post Not all debt is created equal: Understanding the difference between good and bad debt appeared first on AFRO American Newspapers.

Source: Afro | The Black Media Authority-0

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