Debt

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All articles in this category pertain to debt. Debt is an amount owed to a lender after borrowing funds. The borrower promises to pay back the lender according to agreed upon terms, usually plus interest. Some common examples of debt include student loans, car loans, or credit card debt. The four main categories of debt are secured debt, unsecured debt, revolving debt, and mortgages.

Learn more about debt below.

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