United News
Howard Marchbanks
2021-10-27
When I began business school, I recall learning about debt. In the business world, debt is seen as good—as long as it is used in a wise and appropriate manner.
The proper use of debt will allow the stretching out of a repayment plan for the opportunity to have something today. However, that opportunity has a cost to the user—called interest. This interest cost on unpaid credit card debt can reach...