Question

Which of the following is the best example of a good debt strengthening your financial security?

Answer 1

There are many different types of "good debt" to have. Good debt with on time payments helps increase your credit score tremendously overtime because it shows lenders you can borrow money and pay it back on time. Paying your bills on time and sticking to your budget can contribute to payments paying off good debt. A mortgage is an example of good debt. 

Answer 2

Paying debt on time, to increase trust among the lender and borrower, investing in one self that would yield more positive result over time.

Step-by-step explanation:

An example of good debt that an strengthening one's financial security is buying things that save you time and money, buying essential items, investing in yourself by borrowing for more education or to consolidate debt out a mortgage,

Another example of a good debt is sticking to your budget can contribute to payments paying off good and paying debt on time and. when you pay on time what you owe helps increase your credit score better over period of time, because it shows lenders you have the ability to pay back what you borrow on time.