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 …

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, …

Oct 4, 2025 · Not all debt is bad — how to tell the difference between good debt and bad debt Debt gets a bad rap, but certain loans can help you build wealth over time.

Debt is money you borrow and have to repay, but not all debt is created equal. Here’s what to know about debt basics, types of debt (from credit cards to mortgages) and how to manage it all.

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.

Consider debt consolidation Debt consolidation is a potential way to save money on interest payments and limit the number of debts you need to keep track of. Debt consolidation involves …

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 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.