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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. Household debt just hit a new high. Here's what to do about …

    3 days ago · Household debt just hit a new all-time high. Here's how to slash your high-rate card balances before they spiral.

  3. 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 …

  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. 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.

  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.org - America's Debt Help Organization

    Learn how debt settlement, debt consolidation, student loan consolidation, loans for bad credit, and tax debt relief can help pull you out of a lifetime of debt. Our handy tools and expert tips …

  8. 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.

  9. What is debt? Here's how it works and the common types - USA …

    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.

  10. 16 Things to Do When You're Deep in Debt - U.S. News

    Mar 28, 2025 · Here are 16 expert-backed suggestions to manage your money and get out of debt when you are broke. 1. Analyze Your Situation. Whether you’re deep in debt or just …