Compulsive Debting

Compulsive debting is a behavioral pattern where an individual repeatedly takes on new debt despite negative consequences, driven by a strong urge or emotional need rather than necessity. It often involves impulsive borrowing, difficulty controlling spending, and an ongoing cycle of borrowing to meet financial or emotional needs. This pattern can lead to mounting debt, financial stress, and impaired decision-making, often requiring psychological support alongside financial management. It is considered a form of behavioral addiction, where the act of acquiring debt becomes a compulsive response to underlying emotional or psychological issues.