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Daily Archives: August 26, 2016

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Why you should stay out of consumer debt

Personal FinanceBy Thomas CastelliAugust 26, 2016

What is consumer debt? And why you stay out of it!   What is consumer debt? In essence, consumer debt, or bad debt, is money borrowed to purchase anything that does not generate income. Bad debt can also be called consumer debt because most of the time it is used to buy consumer products. These…

Thomas Castelli
Certified Public Accountant | Investor

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