Consumer Ledger

Car loans are often classed with home loans and student loans as “good debt”. And there’s a  real question these days about student loans. Everything else, we’re told,  is “bad” debt, to be avoided. After all, most other kinds of debt represents  either instant gratification purchases or necessary purchases made on credit because you had [...]

Incorporate to protect yourself from  from the debts of your  business, shriek the ads. You aren’t liable for the debts of your corporation, they go on. OK.  That works if any other business will extend credit a new, small, undercapitalized corporation without the owner’s guaranty. Go for it. Flip side of the coin But, consider [...]