Good debt vs. bad debt: Is there such a thing? 29 Articles

by John McDevitt

Can some debts be a good thing while others are not? One way to decide is to ask yourself the question, when the debt is finally paid, will I have anything of real value? When you went to college, you might have worked ...read more

by Lisa Orme

Our society is carrying way too much debt. We're drowning in it. It's no surprise that studies reveal debt is a destructive force on society, marriages, and even individual health and well being.(1) Yet, in personal financ...read more

by Heidi Hyde

There is a lie among the American population that has spread like a virus. It's attacking our children as early as high school, and keeping our senior citizens from retiring with dignity. The culprit? Debt. Here's the ...read more

by Allen Teal

Saying bad debt and good debt almost sounds like asking if you would rather a dog bit your left hand or your right hand. One might be a little easier on you, but you have still been bitten. However, all debt is not created...read more

by Artemis

Good debt is debt that can let you have more money. Bad debt is debt that you have to pay with your sweat and blood. The above are rules to distinguish between a good debt and a bad debt. In general, good debt easier t...read more

by Dean Holmes

As the old adage goes, the only things certain in this world are death and taxes. It was written a number of years ago before there were any forms of credit. It's almost time to rewrite that adage to include debt. Now n...read more

by Sean Hyman

Good debt and bad debt are very controversial subjects.However, let's look into this in more detail in order to see the facts. Ultimately, if you could pay for everything with cash, that would be great. However, when yo...read more

by Steve Holder

When Judy and Allen first started dating, Judy confided that after marrying her first husband, she was dismayed to discover how deeply in debt he was. Much of their short married life was spent dealing with bill collectors...read more

by Silkbutterfli

Having worked in collections for a number of years, I learned a great deal regarding good debt and bad debt. Many people believe that no debt is a good debt, but that is incorrect. Let's start with bad debt, as that is...read more

by Chad Martindale

The key to answering the question of whether or not there are good debts and bad debts really depends upon what the borrower does with the money. Simply trying to differentiate the debts by type, such as credit card or st...read more

by Joanne Harris

Yes! There is a thing called, "Good Debt". What is a good debt? I believe that good debt is having a mortgage on a house, taking out a personal loan for school, financing a vacation to Europe that you have always wanted. ...read more

by Jason Jack

As consumers, we are used to having our pocketbooks pulled in every direction by products that we don't necessarily need but often want. And as time progresses, we often find ourselves waist deep in a pile of bills, pay...read more

by Mara Yoresh

The definitions of good debt and bad debt can differ depending on who you ask. For example- bankers and other financial advisers define good debt as any debt that produces an income or cash flow and bad debt as any debt...read more

by Mark Weiss

Good debt vs. bad debt: Is there such a thing? Good debt vs. bad debt: This is a gag right? A trick question? Good debt? Oh damn, wait a second while I get a towel. I just laughed so hard my Evian came out of my nose an...read more

by D. O'Larde

For the borrower, look at debt as neither good nor bad. Do not make the good and the bad compete because when one loses you lose too. If you can not pay your mortgage your house can end up in a foreclosure and if you can n...read more

by Amelia Borden

Good debt and bad debt, is there such a thing? It's truly a matter of perspective. For example, a pessimist might say all debt is bad and ask why you would want to owe anyone anything at all. Where as an optimist such as I...read more

by Gregory Gambone

One of the most difficult things for the average American is debt management. All too often, people make hasty decisions without appropriately considering the consequences of their actions, and they become victims of sedu...read more

by S Kartini

Collateral debt obligation (CDO) is good on your financial report. The debt provides you with liquidity to use for further assets investment, purchases or as cash flow in existing operation at the same time retain the init...read more

by Richard Ford

Good debt is debt that makes you richer. Bad debt is debt that makes you poorer. Therefore your mortgage is good debt because your home will gradually increase in value. Most other debt is bad debt- even interest fre...read more

by Peace Peace

A testimony about a good debt. I Am the Way - out of debt.- Let Me show you the Way. Question: Lord, How do I get out of debt? Reply: I am the Way Come follow Me. I owed 1500 on a credit card with a lim...read more