The difference between good debt and bad debt

Reporter: Dan Rafter



Deadline: May 17, 2017 9:00 am

Hi, There: I’m working on a feature story for consumer Web site about the differences between good debt and bad debt. I’m looking for written comments from financial professionals and mortgage lenders about what makes certain debt better than others. For instance, why is credit-card debt considered bad debt, while mortgage debt is considered good debt. If you could send me your written thoughts on this topic, I’d greatly appreciate it.

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