Question

I just need a 2 sentence response. Pretty Simple!! In your own words, what's the difference between good and bad debt?

Answer 1

Answer:

It is below.

Explanation:

A good dept is an acceptable way to invest for your financial future. However, a bad dept is not an acceptable way to invest for your financial future.

I hope this helps. :)

Answer 2

Answer: goood debt gives you some type of equity making you gain something now rather than later as you pay it off although this makes you pay more. bad debt gives you no benifit and causes you to be behind in you situation.

hope this helps