Debt has never been a bad thing it's just used wrongly by most common folks, have you ever wondered why bank gladly borrow money to business men even if they are owing?, that's because they make money of the little percent they take as interest.
Those that are plan themselves to start a business but that didn't have their own personal capital to start till they take a loan for the bank or from someone, I don't blame them Shal because every success person start with a decision to try, there some people's that is through another person money's they can generate their own personal money; so that's how about some will take a loan just to start a business and they will be survive but some can take loan and at the of the it will becoming big problem for them.
If you take loan to invest in a business then you have made a good use of a loan and if you use it for personal needs like buying food or living luxury then you just created a mess for yourself to solve later.
That's what is created problem for some people's they will be on their own and they go and take a loan and instead of them to use established another success of income, so that even thought the time has come that they can repay the loan suffer alot they can only be taken a little amount of from what they established with the money and been paying a loan gradually.