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

    Jun 28, 2025 · Debt is a financial obligation owed by one party to another party. Repayment usually includes an interest charge.

  2. The U.S. debt is at a record $38 trillion. How will you be affected?

    4 hours ago · The national debt jumped $1 trillion in 82 days and is expected to keep climbing. How that could affect you and your financial health.

  3. Debt: Types, How It Works and Tips for Paying It Back - NerdWallet

    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.

  4. 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.

  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. What Is Debt and Do You Have Too Much? | Debt.com

    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.

  7. debt | Wex | US Law | LII / Legal Information Institute

    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.

  8. What is debt? Definition, types and more - Capital One

    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.

  9. How To Get Out of Debt | Consumer Advice

    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 …

  10. Different Types of Debt and How to Pay Them Off

    Aug 8, 2025 · There are four main categories that most debt falls into. The categories are secured, unsecured, revolving & mortgages. Learn about the different types of debt.