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  1. Debt: What It Is, How It Works, Types, and Ways to Pay Back

    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.

  2. Debt - Wikipedia

    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 …

  3. Opinion | America’s Debt Problem Is Worse Than You’ve Heard

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

  4. What is considered a lot of debt? Here's what borrowers ...

    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.

  5. What Is Debt? (2025) | ConsumerAffairs®

    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.

  6. Debt Explained - consumer.gov

    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.

  7. What Is Debt? - Experian

    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 …