1 day ago · The U.S. government's gross national debt has surpassed $38 trillion during the federal shutdown, marking a record high.

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 …

1 day ago · In the midst of a federal government shutdown, the U.S. government’s gross national debt surpassed $38 trillion Wednesday, a record number that highlights the accelerating …

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.

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.

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.

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.

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.

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.

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.