"The Myth of Good Debt"

A US News & World Report commentary courtesy of Yahoo Finance that urges readers to rethink how they view "good" debt.

"When the public is willing to consider any particular type of debt good, the lending industry is the only winner in the long run. For the benefit of our own personal finances, we'll prosper more by considering all debt bad and striving to eliminate that debt even if we feel it is good."

You can also see my recent commentary on debt and low interest rates here.

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