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AP National Business

In your debt: 3 times debt can be a helpful tool

KVIA
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Published 9:57 AM

By SARA RATHNER
NerdWallet

You may have learned that all debt is bad, but sometimes debt can make the things you need or want possible. A loan can help you spread the cost of a large purchase out over a longer period of time, so you’re not left with so little in your checking account that you can’t afford other bills. It can help you get a roof over your head and a degree on your resume. Debt can even help when you’re facing a financial emergency. It can be a useful tool, but that depends on how you use it.

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