Discover what odious debt is, how it operates, and examples of its occurrence. Learn why successor governments may refuse to ...

Esoteric debt involves complex financial instruments that are not widely understood but can have significant impacts on ...

Fact checked by Kimberly Overcast Reviewed by Akhilesh Ganti Debt is not always a bad thing, especially in business. Debt provides liquidity to the financial markets by giving borrowers access to the ...

Americans are carrying more than $1.23 trillion in collective credit card debt as of late 2025, at a time when average credit card APRs also hover above 20%. And, as the interest charges are tacked on ...