Jun 28, 2025 · 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. …

Mar 4, 2024 · If you've ever borrowed money, you've had debt. Whether it's the money you paid a friend when they spotted the lunch tab or the student loans you owe to the government, that's …

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.

Jun 19, 2025 · There is good debt and bad debt, and knowing the difference can not only save you money but also open up more opportunities in your future. Debt is when one party owes …

Aug 27, 2025 · No matter what it’s for or what form in comes in, debt means you owe money and keeps you from building wealth for you and your family—and that’s never good. The main …

5 days ago · 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 …

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. For governments, the need to …

Nov 19, 2025 · There are several types of debt, most of which can be categorized as good debt or bad debt. If you are struggling with the bad type of debt consider talking to a credit counselor, …

Read Debt Collectors and Your Rights to learn what to do if a debt collector calls you. What if I need help? If you need help getting out of debt, a credit counselor may be able to help you …

Dec 9, 2025 · If a company can’t get your creditors to agree to settle your debts, you could wind up owing even more money in late fees and interest. Even if a debt settlement company gets …