MarketWatch  3 hrs ago  Comment 
Moody's Investors Service downgraded McDonald's Corp.'s senior unsecured rating to Baa1 from A3 Wednesday, after the company said it will ramp up returns to shareholders and issue debt to do so. McDonald's told investors at a meeting on Tuesday...
Reuters  4 hrs ago  Comment 
The European Central Bank is examining whether to buy municipal bonds of cities such as Paris or regions like Bavaria, according to people with knowledge of a possible extension of its one-trillion-euro-plus money printing scheme.  6 hrs ago  Comment 
The zombie apocalypse might already be here.
MarketWatch  10 hrs ago  Comment 
Despite the most generous veterans education benefit in history, more than 40% of active duty servicemembers have student loan debt.
The Australian  Nov 11  Comment 
Given iron ore’s fragility, Fortescue’s debt paydown is a sensible strategy that will lower the risks in its balance sheet.
WA Business News  Nov 11  Comment 
Financial Times  Nov 11  Comment 
The Australian  Nov 10  Comment 
Fortescue Metals Group has launched a $US750m bond buyback as it seeks to ease debt concerns.  Nov 10  Comment 
Oxygen Ltd fined by ICO using its stronger new powers for claiming to be government awareness call in automated messages A company that made more than1m unsolicited calls in a month offering to write off people’s debts has been fined £120,000...


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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