Tag: bad debt

Blog | jnadealerprogram.com

There are some things that separate the two, but the distinction between good and bad debt may get blurry. Debt may be a helpful way to improve your earning potential, increase passive income, or otherwise invest in a future that is financially stable. Often, your health or wellbeing just needs to be covered. This good debt will also help you increase your credit score when done carefully, such as student loans and mortgages. Bad debt, by comparison, comes with high-interest rates and does not contribute in a meaningful way to the bottom line. Things such [more]