Archive for December 12th, 2009

What is bad debt?

Posted by admin on December 12 2009 Add Comments

Very simply put, bad debt is a debt that doesn’t serve a purpose or value increase. You’ll find that in many cases even prevent, this is. For example, if you spend $ 2000 on your credit card and pay only $ 1000, you’ll be charged approximately 18% interest on the remaining money. Do this often [...]