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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 …

  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, …

  3. Debt | Definition & Facts | Britannica Money

    Oct 31, 2025 · 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 …

  4. Average American Debt by Age in 2025 - Experian

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

  5. What Is Debt? Common Types and Definitions | LendingTree

    Mar 19, 2025 · Learn all about the different kinds of debt, how debt affects your finances and how to manage debt.

  6. Debt 101: What Is Debt? - The Penny Hoarder

    Jan 6, 2025 · Understanding debt is crucial to your financial well-being. Explore the types of debt and how they impact your life. See expert tips and examples.

  7. DEBT Definition & Meaning - Merriam-Webster

    The meaning of DEBT is something owed : obligation. How to use debt in a sentence.

  8. 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 …

  9. Free Financial Counseling Services | GreenPath

    Whether your goal is to build a budget, eliminate debt, or pave a path to homeownership, we’ll walk with you every step of the way. Speak with a financial counselor today and explore …

  10. 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.