How to Use Good Debt to Your Advantage
If you are wondering what debt is all about then you probably need to find out the definition further along. What exactly is debt? Well, as the question implies debt is any obligation which takes one borrower, the debtor, and gives another, the lender, money or some agreed upon value to satisfy the debt. In other words, debt is any obligation which the lender feels he has to do in order for the borrower to repay. For example, if a…