High-rate debt has become an increasingly common part of many people's financial lives over the last decade and the economic issues that have been looming recently, like sticky (but now cooling) ...

Discover the differences between debt and equity financing, including costs, risks, and potential returns, to help you make informed business financing decisions.

Recent Experian data showed that the average consumer debt balance in 2024 was $105,056, slightly up 0.8% from $104,215 in 2023. Having this kind of debt comes with some obvious costs, including ...