Prev Next

How Debt Works

By: Dave Roos

Lots More Information

Related HowStuffWorks Articles

More Great Links


  • "The Code of Hammurabi." Constitution Society.
  • "The Debt to the Penny and Who Owns It." TreasuryDirect.
  • "Exodus 22:22-24." Bible, New International Version. Bible Gateway.
  • "Federal Debt: Frequently Asked Questions." United States Government Accountability Office.
  • "Flow of Funds Accounts of the United States: September 17, 2007." Federal Reserve.
  • "FTC Consumer Alert: Payday Loans = Costly Cash." Federal Trade Commission. February 2000.
  • "Good debt versus bad debt." MSN Money.
  • Gumbel, Peter. "The $915B bomb in consumers' wallets." Fortune, CNN Money. Oct. 30, 2007.­consumer_debt.fortune/
  • "Household Debt Service and Financial Obligations Ratios." Federal Reserve.
  • "Knee Deep in Debt." Federal Trade Commission. December 2005.
  • Knoller, Mark. "Brother, can you spare $9 trillion?" CBS News. Sept. 6, 2007.
  • Markman, Jon D. "The Credit Crisis Could be Just Beginning." Sept. 21, 2007.
  • Mecham, Leonidas Ralph. "Bankruptcy Basics." Bankruptcy Judges Division, Administrative Office of the United States Courts. April 2006, Revised Third Edition.
  • "Money 101: Lesson 9, Controlling Your Debt." CNN Money.
  • Rhode, Steve. "The History of Credit and Debt." Myvesta Foundation.
  • "Risks of Rising Consumer Debt." 2007.
  • Schoen, John. "Just who owns the U.S, national debt?" MSNBC.
  • "UK debt 'double Europe average.'" BBC News. Sept. 27, 2006.
  • Weston, Liz Pulliam. "The ­truth about credit card debt." MSN Money.