Daily Archives: November 13, 2016

What is debt? What is credit?  Let’s keep it simple. credit is how much you can borrow. Debt is the payback ratio.  basically there are two kinds of debt; managed and unmanaged. Managed debt is good for building credit; it is the consistency of paying over time that lenders look for. Word of caution keepContinue reading “IT’S A NUMBERS GAME !!!”