Debt Handling – What’s the Right Amount of Debt?
By Pay Off Debt Advisor | Jul 3, 2009
No ‘one-size-fits-all’ recommendation is possible when considering the right amount of debt to assume. But that doesn’t mean there are no good guidelines at all. Naturally, credit card companies and other lenders are happy to make available as much money as they think their borrowers will repay. They take risks, but those are calculated risks. [...]
