Do you have a bad debt?

[Kane]

When you borrow money to be used for something that does not give you any kind of financial rewards that is bad debt. For instance, if you borrowed money to buy an iPhone that does not make you money, that ois a bad debt, or if you use debt to buy liabilities that is bad debt. Do you have bad debt?

 

[deucher]

I only have bad debt now. I got a loan to buy a sofa. I want to try to use a loan in order to invest these funds, but I want a large amount that I cannot get now because the level of my income does not allow me to issue such an amount