File:Payday_loan_shop_window.jpg · Wikimedia Commons · See Wikimedia Commons
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thumb|right|Payday loan businesses lend money to customers, who then owe a debt to the payday loan company.
AI overview
Debt is money that one person or organization owes to another after borrowing it, as shown in the example of payday loan customers who receive money from a lender and then owe it back. Debt matters because it creates a financial obligation that borrowers must repay, often affecting their financial situation and future ability to borrow money.
AI-generated from the Wikipedia summary — may contain errors.
Wikidata facts
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- 1979 $10,000 Treasury Bond .jpg
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- Commons category
- Debt
- P8168
- Shawmut Peninsula
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