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- Accumulate a lot of debtTo rack up a big debt is to accumulate a lot of debt, usually within a short time12. This can happen in various ways, such as through student loans, home mortgages, credit cards, reduced income, same expenses, keeping up with the Joneses and impulsivity, divorce, lack of money management skills, inadequate savings, and so on3. The government and debt counsellors believe it is too easy to rack up large numbers of loans4.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.to get or achieve a lot of something: He's racked up debts of over thirty thousand pounds.dictionary.cambridge.org/dictionary/learner-english/…You owe money to people, companies, investers or banks and you feel pressure. |To rack up a big debt is to accumulate a lot of debt, usually within a short time.|@zahragolemola you're welcome!vi.hinative.com/questions/4263758
10 Ways People Rack Up Debt
- 1. Student Loans Students who finance their educations can end up with huge student loan debts by the time they graduate. Jupiterimages/Thinkstock ...
- 2. Home Mortgages ...
money.howstuffworks.com/personal-finance/debt-…to gradually gain a large amount of something: The government and debt counsellors believe it is too easy to rack up large numbers of loans.dictionary.cambridge.org/vi/dictionary/english/rack-up - People also ask
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