How would you describe the dangers of debt to a friend?

I would explain to them that the danger of debt. Can lead to credit going down. When you don’t pay your debt, and you get behind your credit can go down

Hello There!!

Explanation:

The more you borrow without repaying the deeper and further you go into debt. It leads to problems like stress,depression and other negative and serious effects.Once you're in debt striving for your other financial goals gets much harder.

hope this helps,have a great day!!

~Pinky~