Jun 28, 2025 · What Is Debt? Debt is a financial obligation that must be repaid. In the modern world, a debt may be a large sum of money borrowed for a major purchase and repaid over time with interest.

Debt is an obligation that requires one party, the debtor, to pay money borrowed or otherwise withheld from another party, the creditor. Debt may be owed by a sovereign state or country, local …

Dec 9, 2025 · If you’re worried about how to get out of debt, here are some things to know — and how to find legitimate help.

Jun 19, 2025 · What’s the difference between good and bad debt? Good debt builds credit or equity. Bad debt drains your money without long-term benefit.

Debt is when you owe money to someone, like having a loan or a credit card balance. If you can’t pay back your debt, there are things you can do to help yourself.

Learn how debt settlement, debt consolidation, student loan consolidation, loans for bad credit, and tax debt relief can help pull you out of a lifetime of debt. Our handy tools and expert tips can help you …

1 day ago · United States national debt live counter. Debt/GDP 133.88%, total debt $39.1T - updated in real time. Inflation, growth and economy stats at a glance.

debt, something owed. Anyone having borrowed money or goods from another owes a debt and is under obligation to return the goods or repay the money, usually with interest.

Aug 27, 2025 · “Debt is a financial liability or obligation owed by one person, the debtor, to another, the creditor.” 2 In other words, debt is when someone borrows money (a debtor) and is responsible for …

Total household debt increased by $191 billion to hit $18.8 trillion in the fourth quarter, according to the latest Quarterly Report on Household Debt and Credit.