What Debt Are Considered A Good Debt?
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Agung
- Posts: 1
- Joined: Wed Aug 13, 2008 8:46 am
What Debt Are Considered A Good Debt?
What debt are considered a good debt?
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zahid
- Posts: 6
- Joined: Mon May 19, 2008 9:26 am
Re: What debt are considered a good debt?
Dear Sir,
I think it would be more meaningful if the the reply is in respect of a bank (or any financial institution) rather than a consumer. I would appreciate if you people share your experience or knowledge in this issue.
zahid
I think it would be more meaningful if the the reply is in respect of a bank (or any financial institution) rather than a consumer. I would appreciate if you people share your experience or knowledge in this issue.
zahid
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callzr
- Posts: 11
- Joined: Fri Sep 26, 2008 12:36 am
Re: What debt are considered a good debt?
Quoting you from websterzahid wrote:Dear Sir,
I think it would be more meaningful if the the reply is in respect of a bank (or any financial institution) rather than a consumer. I would appreciate if you people share your experience or knowledge in this issue.
zahid
"Debt Debt, n. [OE. dette, F. dette, LL. debita, fr. L. debitus
owed, p. p. of debere to owe, prop., to have on loan; de- +
habere to have. See Habit, and cf. Debit, Due.]
1. That which is due from one person to another, whether
money, goods, or services; that which one person is bound
to pay to another, or to perform for his benefit; thing
owed; obligation; liability.
[1913 Webster]"
The whole notion is on the basis of the consumers.
but if you are interested to know abt loans.
A good credit is - Any credit sure to be repaid. Is not certainty of getting repaid as per schedule (not after and not before as well) make a loan a perfect one?
:p
Zia.