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Get clued up on debt

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A large percentage of the South African population is currently in debt and what is not always fully understood is that debt is not just debt; there are in fact different types of debt.

The two types of debt that you may find yourself in are: good debt, and bad debt.

It is exceptionally important to be able to identify what kind of debt you are getting yourself into when you are purchasing on credit, getting a loan, or planning monthly repayments, as the two different types of debt each have their own benefits or downfalls.

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