Debt: What, Why, How Much and When?

Most Americans have some type of debt in their lives. However, debts vary widely in more ways than you are probably even aware of. For instance, do you know the legal definition of debt? Do you know the difference between debt, a loan, and credit? Do you know how much you have in "good" debt versus "bad" debt--and why? On this episode, we break down everything you didn't know about your debt and how to pay it off.