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, …

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 …

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

Nov 19, 2025 · Review how Americans’ average debt amounts compare by age and generation in 2025. See average balances for credit cards, auto loans, mortgages and more.

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.

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.

3 days ago · Debts, delinquencies, and defaults are pushing millions to the financial edge and threatening the country's economic stability.

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.

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 …

May 17, 2023 · Debt is a part of life, but there are many types of debt. Learn more about what debt is and how it works.