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GOOD DEBT vs BAD DEBT

  • Writer: Ishfaaq Peerally
    Ishfaaq Peerally
  • Mar 23, 2019
  • 1 min read

There are two types of Debt, Good Debt and Bad Debt.

Good debt is important since it allows an individual, company or country to grow while bad debt can lead to serious problems

In order to determine if a debt is good or bad, you should understand the interest rate and the cashflow

 
 
 

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