I love debt. I am the queen of debt but the debt that I like is mortgage debt, which is a different type of debt and I call that the good debt.
James is here to help us understand how to get rid of the bad debt. Because you can't get into the good debt that I have unless you actually tackle bad debt.
What is Bad Debt?
When we talk about debt, we are talking of high-interest debt, like credit card debt, medical bills, and student loans. These are the types of bad debt that hold people back when they are trying to achieve their financial goals.
Before DebtMD, if somebody wanted to resolve these bad debts, there were four main ways you can go about doing it: