What is debt? Simply put, debt is when you owe money on any given item, whether it’s a credit card or a loan borrowed to be able to pay for school. Having debt can be pretty scary for any gURL, since it can turn into such a huge financial (and emotional) burden. But even though the word has a negative connotation, debt can be a good thing, too.
Fast Facts: Debt
Friday, August 12, 2011