Motley Fool  9 hrs ago  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.  May 26  Comment 
It wasn't too long ago that Sunethra Muralidhara was buried under a mountain of debt.
Motley Fool  May 26  Comment 
Don't fall into the same trap so many working folks do. Here's how to avoid debt as you look for work and kick-start your career.  May 26  Comment 
The ratings agency is likely to attract further criticism from Beijing after doubling down on its view that the economy is headed for trouble China’s structural reforms will not be enough to arrest its rising debt and another credit rating...
BBC News  May 25  Comment 
China is investing billions in Sri Lanka, but many local citizens feel the country is being sold to the Chinese.


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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