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 …

4 days ago · Household debt just hit a new all-time high. Here's how to slash your high-rate card balances before they spiral.

Sep 30, 2025 · If you’re worried about how to get out of debt, here are some things to know — and how to find legitimate help. Where do I start? A budget is a roadmap to plan your finances …

Feb 23, 2022 · All debts are not created equal. Here are the main types of debt and tips for dealing with each one.

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.

Mar 4, 2024 · In short, debt is the money you owe to someone or something. It's money that you borrowed and must pay back, according to the Consumer Financial Protection Bureau.

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.

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.

Debt is a financial liability or obligation owed by one person, the debtor, to another, the creditor. Debt is mainly composed of two elements: principal and interest.

4 days ago · Americans' household debt hits new record high, according to report The debt includes mortgages, car loans, credit cards and student loans.