Nevada sets another record, this time it's Fastest Growing Credit Card Debt.
Which is considered, "Bad Debt"
Home Loans, Car Loans and Education are considered Good Debt.
The article also goes on to say,
"Nevada’s booming population is likely the biggest contributing factor for this growth"
The graph below shows a breakdown of ALL Debt over the last 15 years.
It interesting how much larger School Loan debt is compared to Car and Credit Card Loans.
If you know anybody who needs some Good Debt, a House, we can help with that.
