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 …

May 18, 2023 · Some of the main types of debt include secured, unsecured, revolving and installment debt. There are things to consider when taking on debt, such as how it could affect your credit and …

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.

Dec 15, 2025 · Wondering if your debt load is too high? Here's how to gauge it — and what else you should keep in mind right now.

Dec 19, 2025 · Debt is money that is borrowed and then owed to a lender. If a debt is owed by an individual (rather than a business, for example), it's often simply called personal debt or consumer …

Aug 20, 2025 · At Debt.com, we know debt and the solutions you need to get out of it. Learn how to tell if you have too much debt and how to find relief.

Jun 19, 2025 · Debt works by letting you borrow money with the agreement to pay it back later, usually with interest. It can be owed by an individual (personal or consumer debt) or by an organization like a...

Dec 16, 2025 · Only one state saw its average debt levels decrease over the past 12 months, according to a recent study.

2 days ago · The size of the national debt matters. But so does who America’s lenders are — and that is changing.