1 year, 3 months ago
via credit-qna.com
When will a bank say it is acceptable to go into debt?
What websites, forums or blogs discuss when it is ok to go into debt? Is it ever ok to go into debt?
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M$1 Answer
Banks need us to be in perpetual debt because that is were they make there money, via us being in debt and having to make interest repayment. The longer we are in debt the better.
http://www.clarkebell.com/index.php/debt_problems
http://www.clarkebell.com/index.php/debt_problems
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