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Wednesday, 4 November 2026
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When good debt becomes bad debt: Warning signs, costly debt errors and practical ways to regain control of your finances

When good debt becomes bad debt: Warning signs, costly debt errors and practical ways to regain control of your finances
Image: Mint (India)

Debt can facilitate education, home ownership, or business growth, but not all borrowing is safe. Good debt may improve earning potential while bad debt incurs high costs without lasting benefits. 

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