Outrageously Funny Search Suggestion Engine :: Superdebt

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What is the definition of Superdebt? 🙋

👉 In economics and finance, a "superdebt" is a debt that exceeds one's income. This can happen when someone borrows money at a rate higher than their earnings, which makes it difficult for them to pay back with regular payments or repay debts in full. In the United States, the term has been used to describe cases where people are borrowing more money than they have in their bank accounts. For example, a person might owe $50,000 on a mortgage and


superdebt

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