what is an example of good debt? your $2000 p...

what is an example of good debt? your $2000 per month mortgage payment. your $400 per month car payment. none of these your $25k in credit card debt

Answer

# Brief Explanations: Good debt is typically debt that is used to purchase an asset that has the potential to increase in value or generate income over time. A mortgage is often considered good debt as real - estate generally appreciates. A car usually depreciates and credit - card debt is often for non - asset purchases and can have high interest rates. # Answer: Your $2000 per month mortgage payment.