Creditur - How to Pay Off Accumulated Debt, Quick and Easy
Creditur - Debt is something that almost everyone has done, whether it's because they really have no money at all or are in debt because of their lifestyle. It can be said that debt is the opposite of assets, where the more debt, it will show the smaller the level of one's wealth. Are you one of those people whose total debt is greater than the total assets you have?
Creditur - Basically, debt is not a bad thing. Debt is of two types: productive debt and consumer debt. Productive debt is debt that is used to finance activities that bring direct financial benefits, such as loans for business capital. Conversely, negative debt is debt that is used for consumptive activities, such as loans to go on vacation or shopping.