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10 votes
10 votes
Which one of these is an example of a necessary debt

User AlexVhr
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1 Answer

22 votes
22 votes

Answer:

An example of unnecessary debt is when you change your clothes and don't really need on a high-interest score. Thus option C is correct.

What is unnecessary debt?

An unnecessary debt can be caused by a variety of issues such as expensive life events, having children, or moving to a new house. It may also be due to poor money management. The debt is due to those things that are not needed and hence are unnecessary.

Step-by-step explanation:

User Matthias Herrmann
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