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"Debt Perception" Thank you for your feedback!
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Good debt/bad debt, is there such a thing? I don't think so, but many experts do. What do you think? In this survey you're going to be asked to judge whether a debt is good or bad. How good is your Debt Perception?
SURVEY QUESTIONS
Your sex Male Female n/a
Your age 0-17 18-29 30-39 40-49 50-59 60+ n/a
Your income 0-$20,000 $20,001-$40,000 $40,001-$50,000 $50,001-$70,000 $70,001+ Don't Know
Is there such a thing as good debt or bad debt? Yes No Don't Know Why?
Please judge the following debts as being good or bad based on the following 1-to-5 scale: 1-very bad debt, 2-bad debt, 3-not good or bad, 4-good debt, 5-very good debt
Credit card debt 1 2 3 4 5 Don't Know
Car loan 1 2 3 4 5 Don't Know
Car lease 1 2 3 4 5 Don't Know
Home mortgage 1 2 3 4 5 Don't Know
Home equity loan 1 2 3 4 5 Don't Know
Investing on margin 1 2 3 4 5 Don't Know
College student loans 1 2 3 4 5 Don't Know
Charging college related costs with a credit card 1 2 3 4 5 Don't Know
Borrowing from a bank to start a business 1 2 3 4 5 Don't Know
Borrowing from friends to start a business 1 2 3 4 5 Don't Know
Borrowing from credit cards to start a business 1 2 3 4 5 Don't Know
Cash advance to gamble at a casino 1 2 3 4 5 Don't Know
Department store credit card debt 1 2 3 4 5 Don't Know
Buying groceries on credit 1 2 3 4 5 Don't Know
What are some criteria you use to judge whether a debt is good or bad?
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