Phrases with «mounting debt»

"Mounting debt" means that the amount of money owed keeps increasing and becoming larger over time. Full definition

A number of countries with mounting debt loads can't continue to pay the interest portion of their debt, let alone ever pay it back. (theaureport.com)
Many consumers are finding themselves buried under a pile of mounting debt. (debtmerica.com)
While this may not pose a problem in every case, mounting debt loads may ultimately take a toll on many of those families. (thesimpledollar.com)
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