Debt is the money borrowed by the debtor from the creditor. Here, the debtor is the second party and creditor is the first party. Loans, bonds etc are the type of debts. A good debt will generate income in the future but whereas the debt that could not be recovered is called as bad debts. Even though debts have become as a part of our life, It is more important to manage your debts, for that you can make use of the various debt management calculators given below.
The above section of page contains various online debt management calculators which are designed in the user-friendly way to calculate your debts
