Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts

What are the signs of a person's good debt turning into bad debt?

short by Ishaan Mukherjee / on Friday, 11 September, 2026
Good debt can turn bad when borrowed funds are used for unnecessary expenses or become difficult to manage. High-interest credit card balances and costly personal loans can strain finances, especially when people take new loans to repay old ones. Keeping EMIs affordable, paying dues on time, clearing high-interest debt first, and maintaining emergency fund can help keep borrowing under control.
read more at Livemint