What is considered bad debt (and why should it matter to borrowers)?
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Borrowing has become a normal part of life for most people, especially as everyday costs continue rising . Whether it's groceries, gas or housing, many Americans are now relying more heavily on credit to handle the gap between their expenses and their income. That's part of why the latest data shows that household debt is climbing yet again — a sign that more borrowers are feeling the strain of high prices, persistent inflation and a tough job market . And, for millions of borrowers, that
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