Answer:
Answer below
Explanation:
Good debt is a loan used to finance an investment that offers a good return on the investment. An example of a good debt would be a mortgage to purchase a home. You borrow money from the bank to pay for a home that will hopefully increase in value over time. How Much Debt Is Good To Have? This question has a few layers to it.
Answer:
The odds are good, then, that buyers who plan on living in a home for at least this amount of time will see their homes' values rise. Mortgages come with low-interest rates when compared to credit cards, another reason they are an example of good debt.
Explanation:
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