What reasons might people have to go into debt? Give two examples. HRGGGGGHH

asked Mar 13, 2022 172k views

25 votes

What reasons might people have to go into debt? Give two examples.
HRGGGGGHH

7.8k points

Please log in or register to add a comment.

4 votes

answer:

1. spending a large amount of money on a credit card 2. having children or moving into a new house

Leri answered Mar 13, 2022

by Leri

7.5k points

4 votes

Answer:

There are several reasons we accumulate debt, like paying for unforeseen emergencies or unemployment.

Mukarram Syed answered Mar 20, 2022

7.2k points

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

8.8m questions

11.4m answers