The average American carries $15-$20k in bad debt, according to Debt.org. This can be from credit cards or merchant and store accounts. Basically, unsecured debt is bad debt because there’s nothing to back it up with. If you default on the payments, the debt becomes toxic, rarely ever paid off or fully recouped by lenders. …
The post Using Home Equity to Eradicate Bad Debt appeared first on Now It Counts.
Post Footer automatically generated by wp-posturl plugin for wordpress.