The Hindu Business Line  4 hrs ago  Comment 
Aims to complete merger with Aircel and sale of tower assets in 4 months
Financial Times  6 hrs ago  Comment 
Borrowing in the US is at record highs but the phenomenon is a far wider problem
The Hindu Business Line  May 29  Comment 
The company, over the weekend posted its second straight quarterly loss, dragged down by a price war.
Motley Fool  May 29  Comment 
A few smart decisions now can help you avoid debt during your golden years.
Motley Fool  May 28  Comment 
Don't mess around with credit card debt. You never know how it might affect you in the long run.
Forbes  May 28  Comment 
Pay attention to Moody’s downgrade of China. It's a warning sign with a lesson.
Wall Street Journal  May 26  Comment 
Payless ShoeSource Inc.’s vendors and suppliers are crying foul at the bankrupt shoe retailer’s lender-backed debt restructuring.


Debt represents a promise or obligation to pay for something that has already been received, as a credit.

An example that will be understood by most people today is credit card debt. The credit card company pays for something, such as a shiny new PS3 console, allowing you to take it home without having paid for it yourself. In return, you assume an obligation to pay back the credit card company under the terms of your previously arranged agreement with that credit card company. FlexCredit

It is common for consumers, businesses and even governments to assume debt. Quick Loans

Debt, as a balance sheet item, includes the following:

QuickCash a best option to overcome debt.

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