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 …

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 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.

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.

Feb 23, 2022 · All debts are not created equal. Here are the main types of debt and tips for dealing with each one.

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 …

3 days ago · Debt vs. Deficit Explained The Treasury Department uses a credit card analogy to explain the difference between debt and deficit. The deficit is like monthly credit card spending …

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.

Nov 6, 2025 · Debt can feel like an ominous cloud you just can’t shake. Maybe it’s a few bills piling up, or a mix of credit cards, loans, or other obligations. Whatever the size, it’s stressful. …

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.