Mortgage News
Maybe debt isn't so bad after all
One of the most discussed issues in financing recently has been the difference between "good debt" and "bad debt." What constitutes "good debt" and how can Canadians use it to their advantage?
Published
The subject of Canadians' debt has been a topic of much recent discussion, with debt-to-income ratios nearing the 150% mark.
This article explores not only the methods Canadians can use to translate debt to profit, but when it makes sense to borrow money. We also learn what constitutes "good debt" versus "bad debt," and how they affect financial situations.