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 …

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.

Dec 19, 2025 · Learn what debt is, the different types of debt and the pros and cons of taking on debt. Plus review tips on how to pay off debt quickly.

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.

Jun 19, 2025 · But what is debt exactly, and is it such a bad thing? There is good debt and bad debt, and knowing the difference can not only save you money but also open up more opportunities in your …

May 16, 2025 · The average American debt is over $105,000 per person, mostly in mortgages and student loans. Here's the average debt in America in 2025.

Dec 16, 2025 · Only one state saw its average debt levels decrease over the past 12 months, according to a recent study.

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.

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

Household Debt Hits $18.59 Trillion in Third Quarter; Mortgage Originations Tick Up Total household debt increased by $197 billion to reach $18.59 trillion in the third quarter, according to the latest …